CEO权力、企业社会责任和企业绩效的关系被引量：15

CEO power,corporate social responsibility,and corporate performance

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摘要作为核心决策者的首席执行官(chief executive officer,CEO)在企业社会责任(corporate social responsibility,CSR)决策和实施过程中扮演着重要角色,但CEO权力异质性对CSR表现的影响甚少被关注。该文以2009—2011年发布CSR报告的A股上市公司为样本,采用OLS(ordinary least square)法检验了CEO权力、CSR与企业绩效(CFP)的内在关系。研究结果表明:CEO组织权力集中有利于提高企业解决社会-环境问题的效率,但不直接作用于企业绩效,所有权权力的作用则与之相反;具备声望权力和专家权力的CEO能更好地协同社会效益和企业利益。因此为了维护所有者权益和企业可持续发展,企业应综合考察CEO权力构成,并构建有效的权力约束机制。 The chief executive officer（CEO）plays an irreplaceable role in the corporate social responsibility（CSR）decision-making and implementation process,but the effect of CEO’s power relationships on corporate social performance is less mentioned.A-share listed companies who released CSR reports from 2009 to 2011were studied using the OLS（ordinary least squares） method to test the relationships among CEO power, CSR and corporate finance performance（CFP）.The results show that structural power can help CEOs more effectively solve social-environmental problems,but it is not sufficient to improve CFP with the influence of ownership power having opposite effects on CSR and CFP.CEOs with prestige power and expert power can better relate social and business interests. The results show that companies should carefully structure the CEO’s power with effective power restrictions to protect the owner’s equity and maintain sustainable development.

作者陶文杰金占明

机构地区清华大学经济管理学院

出处《清华大学学报（自然科学版）》 EI CAS CSCD 北大核心 2015年第12期1354-1360,共7页 Journal of Tsinghua University(Science and Technology)

基金国家自然科学基金资助项目(71172003)

关键词企业社会责任(CSR) 首席执行官(CEO)权力战略协同社企共赢企业绩效(CFP) corporate social responsibility（CSR） chief executive officer（CEO） power strategic synergy win-win between companies and society corporate finance performance（CFP）

分类号 F279.23 [经济管理—企业管理]

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参考文献22

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