当代财经 ›› 2019, Vol. 0 ›› Issue (03): 6-.

• • 上一篇    

家族涉入、非市场战略与企业绩效:基于社会情感财富的多维度视角

吴芳,张岩   

  1. (江西财经大学 会计学院,江西 南昌 330013)
  • 收稿日期:2018-10-24 发布日期:2021-01-21
  • 作者简介:吴 芳,江西财经大学讲师,博士,主要从事企业社会责任和家族企业研究;张 岩,江西财经大学讲师,博士,主要从事公司财务研究,通讯作联系方式zhangyan@jxufe.edu.cn。

Family Involvement, Non-Market Strategies and Corporate Performance: From the Multi-Dimensional Perspective of Social Emotional Wealth

WU Fang, ZHANG Yan   

  1. (Jiangxi University of Finance and Economics, Nanchang 330013, China)
  • Received:2018-10-24 Published:2021-01-21

摘要: 基于社会情感财富的多维度视角,考虑到家族企业中社会情感财富的不同维度对企业行为及其后果带来异质影响的可能性,分析家族涉入、非市场战略与企业绩效的关系。研究结果表明,家族涉入负向影响员工责任,但正向影响慈善捐赠;进一步研究发现,员工责任在家族涉入与企业绩效的关系中起中介作用,而慈善捐赠则对上述两者的关系起抑制作用。该结论有助于深入探讨家族涉入与企业绩效的复杂关系,在一定程度上解释了已有文献研究结论不一致的现象。

关键词: 家族涉入,非市场战略,企业绩效,员工责任,慈善捐赠

Abstract: From the multi-dimensional perspective of social emotional wealth, this paper takes into consideration the possibility that the different dimensions of social emotional wealth existing in the family business would bring heterogeneous effects to the corporate behaviors and their consequences. Then it analyzes the relationship among family involvement, non-market strategies and corporate performance. The results show that family involvement can negatively affect the employee responsibility, but positively affect charitable donation. The findings of further study indicate that employee responsibility can play a mediating role in the relationship between family involvement and corporate performance, but charitable donation will suppress the above mentioned relationship. This conclusion can contribute to an in-depth exploration of the complicated relationship between family involvement and corporate performance, it can also to some degree offer an explanation to the inconsistency of the research findings of previous literatures.

Key words: family involvement; non-market strategy; corporate performance; employee responsibility; charitable donation