家族高管亲缘差序格局对企业创新绩效的影响研究

摘要/Abstract

摘要： 差序格局是中国传统文化的重要特征，而创新与转型是家族企业面临的重大挑战。本文以2008—2018年中国上市家族企业为研究样本，探讨家族高管亲缘差序格局对家族企业创新绩效的影响，得出以下结论：（1）家族高管亲缘差序格局可以提升家族企业创新绩效。（2）制度环境会削弱家族高管亲缘差序格局与企业创新绩效之间的正向关系。（3）家长权威有助于加强家族高管亲缘差序格局与企业创新绩效之间的正向关系。（4）通过机制检验发现，家族高管亲缘差序格局通过缓解代理问题、缓解融资约束，进而提升家族企业创新绩效。（5）进一步研究发现，在高新技术企业中，家族高管亲缘差序格局对企业创新绩效的正向影响更显著；家族股东亲缘差序格局与家族高管亲缘差序格局显著正相关。本文立足中国本土文化开展研究，有助于拓展家族企业创新的研究视角。

关键词: 家族企业, 家族高管, 亲缘关系, 差序格局, 创新绩效

Abstract: The differential order pattern is an important feature of traditional Chinese culture, and innovation and transformation are the major challenges faced by family businesses. This paper takes China’s listed family businesses from 2008 to 2018 as a research sample to explore the impact of family executives’ kinship order pattern on the innovation performance of family businesses. This paper draws the following conclusions: (1) the family executives’ kinship order pattern can improve the innovation performance of family businesses, (2) the institutional environment weakens the positive relationship between the family executives’ kinship order pattern and the firm’s innovation performance, (3) the parental authority helps to strengthen the positive relationship between the family executives’ kinship order pattern and the firm’s innovation performance, and (4) through the mechanism test, it is found that the family executives’ kinship order pattern improves the innovation performance of family businesses by alleviating agency problems and financing constraints, (5) further research shows that in high-tech enterprises, the positive impact of the family executives’ kinship pattern on the firm’s innovation performance is more significant, and the family-shareholders’ kinship pattern is significantly positively correlated with the family-executives’ kinship pattern. This paper is based on the local culture of China, which is helpful to expand the research perspective of family business innovation.

Key words: family-business, family executives, kinship, differential-order-pattern, innovative performance

贺凯艳, 陈建林, 郑嘉华, 刘天溶, 杨晨一. 家族高管亲缘差序格局对企业创新绩效的影响研究[J]. 管理评论, 2025, 37(10): 115-125.

He Kaiyan, Chen Jianlin, Zheng Jiahua, Liu Tianrong, Yang Chenyi. Research on the Impact of Family Executives’ Kinship-Order-Pattern on Firm’s Innovative Performance[J]. Management Review, 2025, 37(10): 115-125.

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