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政治关联对企业动态战略能力的影响研究——基于房地产上市公司战略转型的实证检验

The Effect of Political Connectedness on Enterprise's Dynamic Strategic Capability:Empirical Test Based on Listed Real Estate Companies' Strategic Transformation
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摘要 政治关联是企业积累社会资本、获取稀缺性资源的重要渠道之一。尽管现有一些研究证实了政治关联对企业绩效提升的积极作用,但忽略了动态视角下政治关联对企业动态战略能力的影响效应。本文以2010年中国房地产上市公司为研究对象,探索其在面临制度变革的压力下,政治关联对其战略转型行为的影响。实证结果表明,整体上看,政治关联对于动态战略能力没有产生显著的提升作用;对于非国有控股的上市公司而言,政治关联显著地抑制了企业的战略转型倾向,损害了我国企业的动态战略能力。 Political connectedness is a critical way for enterprises to accumulate social capital and obtain rare resources. Although several researches have confirmed that political connectedness has a positive correlation with performance, they ignored the political conneetedness's effect on dynamic strategic capability in the dynamic view. This study of China listed real estate companies in 2010 explored the political connectedness's influence on strategic transformation behavior when facing with institutional change pressure. Findings indicate that political connectedness has no positive effect on dynamic strategic capability. However, for non-state listed companies, political connectedness restrains the company's tendency of strategic transformation significantly, and damages company's dynamic strategic capability.
出处 《未来与发展》 2012年第11期107-111,共5页 Future and Development
基金 "中央高校基本科研业务费专项资金资助项目(NKZXB1163)"资助
关键词 政治关联 控制人性质 动态战略能力 战略转型 political connectedness the nature of controlling shareholder dynamic strategic capability strategictransformation
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