管理评论 ›› 2021, Vol. 33 ›› Issue (3): 233-243.

• 组织与战略管理 • 上一篇    下一篇

范围、速度与节奏——高管过度自信对国际化进程的影响

陈伟宏1,2, 钟熙3, 蓝海林1,2, 宋铁波1,2   

  1. 1. 华南理工大学工商管理学院, 广州 510640;
    2. 华南理工大学中国企业战略管理研究中心, 广州 510640;
    3. 广东工业大学管理学院, 广州 510520
  • 收稿日期:2017-12-22 出版日期:2021-03-28 发布日期:2021-04-06
  • 通讯作者: 钟熙(通讯作者),广东工业大学管理学院博士后
  • 作者简介:陈伟宏,华南理工大学工商管理学院、中国企业战略管理研究中心博士研究生;宋铁波,华南理工大学工商管理学院、中国企业战略管理研究中心教授,博士生导师,博士;蓝海林,华南理工大学工商管理学院、中国企业战略管理研究中心教授,博士生导师,博士。
  • 基金资助:
    教育部重大攻关项目(15JZD020);教育部人文社会科学研究基金项目(19YJCZH062;19YJA630113);国家自然科学基金项目(71802056;71972058);国家社会科学基金项目(18BGL024)。

Scope, Speed and Rhythm: The Influence of Executive Overconfidence on the Internationalization Process

Chen Weihong1,2, Zhong Xi3, Lan Hailin1,2, Song Tiebo1,2   

  1. 1. School of Business Administration, South China University of Technology, Guangzhou 510640;
    2. Research Center of Chinese Corporate Strategic Management, South China University of Technology, Guangzhou 510640;
    3. School of Management, Guangdong University of Technology, Guangzhou 510520
  • Received:2017-12-22 Online:2021-03-28 Published:2021-04-06

摘要: 企业国际化进程的决策机制已经引起了学者们的关注,但截至目前,鲜有文献同时探讨高管过度自信对企业国际化范围、速度与节奏的影响。基于高层梯队理论,以2007—2016年中国制造业上市企业为研究样本,本研究从高管过度自信视角,深入剖析了企业国际化范围、速度与节奏的决策机制。研究结果表明:(1)相较于高管未过度自信的企业,高管过度自信企业的国际化范围更广、国际化速度更快、国际化节奏更不规律;(2)相较于非国有企业,在国有企业中高管过度自信对国际化速度与不规律国际化扩张模式的正向影响将减弱,但高管过度自信对国际化范围的正向影响将增强;(3)技术资源增强了高管过度自信对国际化范围、国际化速度与不规律的国际化扩张模式的正向影响。

关键词: 高管过度自信, 国际化进程, 国有企业, 技术资源

Abstract: The decision-making mechanism of corporate internationalization process has already drawn the attention of researchers, but but so far, few of them pay attention to the influence of executive overconfidence on the scope, speed, and rhythm of corporate internationalization. Based on the upper echelons theory and the data of Chinese listed manufacturing companies from 2007 to 2016, this research analyzes the decision-making mechanism of the corporate internationalization scope, speed, and rhythm from the perspective of executive overconfidence. The result shows that (1) Enterprises with overconfident executives have a broader scope of internationalization, a faster speed of internationalization, and a more irregular rhythm of internationalization than firms whose executives are not overconfident. (2) Compared to non-state enterprises, the positive effects of executive overconfidence on internationalization speed and irregular international expansion patterns will be weakened, but the positive effects of executive overconfidence on the scope of internationalization will be enhanced in state-owned enterprises. (3) Technological resources enhance the positive effect of executive overconfidence on internationalization scope, internationalization speed, and irregular internationalization expansion pattern.

Key words: executive overconfidence, internationalization process, state-owned enterprise, technological resource