摘要
本文以2004-2010年我国信息技术行业上市公司为研究样本,加入企业绩效的动态性和多样性,基于社会类化理论和信息决策理论,较为全面地探讨了高管团队职能背景对企业绩效的影响。研究结果表明,社会类化理论更能解释高管团队对企业绩效产生的影响。高管团队职能背景异质性不利于企业绩效的提升,尤其对短期绩效和创新绩效有显著的负向影响。在三种基本职能背景中,"生产型"职能背景为主的高管团队对短期绩效、长期绩效、创新绩效和海外绩效均有正向影响,且影响最大。"多职能背景"为主的高管团队有助于企业海外绩效的提升,但对企业创新绩效有显著的负向影响。从三种特殊职业经历来看,具有海外背景的高管对企业短期绩效、长期绩效、创新绩效和海外绩效均有显著的正向影响;而外部空降的高管,会严重阻碍企业的创新发展;有政府背景的高管则会提高企业的海外绩效。
Increasing complexity and uncertainty in the competitive landscape has made it difficult for firms to rely solely on the capabilities of their CEOs. Rather, it is the combined capacity of the members of top management teams （TMTs） that influences long-term success. The belief that TMT background diversity has important performance implications is widespread, yet the empirical evidence on the issue is inconsistent. Based on social categorization theory and information and decision-making theory, this study attempts to explore how top management team functional background influences the firm performance with consideration of the diversity and dynamic of firm performance. That is, short-term performance, long-term performance, innovation performance and overseas performance. Using the samples of IT public listed companies from 2004 to 2010, we find that social categorization theory is more appropriate to explain the impact of TMT functional background on firm performance. The evidence did not support information and decision-making theory-based pre- diction because Chinese culture is founded on collectivism. The results show that TMT functional heterogeneity has no use to improve firm performance, and more importantly, has a significant negative impact on short-term performance and innovation performance. A TMT has more members with ＂throughput functions＂ background, will generate better short-term performance, long-term performance, innovation performance and the overseas performance. This makes ＂throughput functions＂ have the biggest effect on firm performance comparing with the other two basic functional tracks. TMT has more members with multi-functional background would contribute to the enhancement of overseas performance, but would have a significant negative impact on innovative performance. Concerning the three special career experiences, TMT with more members having overseas experience shows a significant positive impact on the short-term performance, long-term performance, innovation performance and overseas performance. TMT with more outside executives will seriously hamper the innovation of enterprises development, while with more executives having government working experience will improve the company＇s overseas performance.
出处
《南开管理评论》
CSSCI
北大核心
2013年第4期80-93,共14页
Nankai Business Review
基金
国家自然科学基金项目(71121001)资助
关键词
高管团队
职能背景
短期绩效
长期绩效
创新绩效
海外绩效
Top Management Team
Functional Background
Short-Term Performance
Long-Term Performance
Innovation Performance
Overseas Performance
