摘要
本文通过对关系治理内涵的重新界定,尝试从社会关系中的同乡地缘关系视角出发研究内部控制,结合我国上市公司2007-2013年数据探讨董事长与总经理之间地缘关系对企业内部控制质量的影响。实证结果表明,董事长与总经理之间地缘关系越强,上市公司内部控制质量越低,且国有企业中这种效应显著弱于非国有企业;进一步发现,连锁商业网络的构建(外部关系治理)有助于改善地缘关系对上市公司内部控制质量的反向作用。本研究丰富了新兴市场企业地缘关系对公司治理与实践的研究领域文献,也为企业管理团队选拔策略和内部控制规范制定提供借鉴意义。
Our study redefines the concept of proximity governance and explains the determinants of internal control quality from the perspective of an informal institutional arrangement. Based on an internal network ( chairman-chief executive officer geographical proximity), we examine the governance effect of management geographical proximity on internal control quality using the data of Chinese A-share listed companies from 2007 to 2013. We con- elude that the geographical proximity has a negative impact on internal control quality and this effect is weaker in state-owned entorprises. Further empirical evidence shows that the negative effect of the geographical proximity on internal control quality can be moderated if the company has an interlocking business network. This study enriehes research on internal governance in emerging markets and provides reference guidelines for management selection strategies.
出处
《会计研究》
CSSCI
北大核心
2018年第6期78-85,共8页
Accounting Research
基金
浙江省哲学社会科学规划课题(14NDJC166YB)
国家自然科学基金项目(71702102
71402169)
中国博士后特别资助项目(2017T100301)
教育部人文社会科学研究项目(15YJC790137)
北京市社会科学基金项目(15JGC176)阶段性成果
关键词
地缘关系
内部控制质量
城市治理
连锁商业网络
Geographical Proximity
Internal Control Quality
Urban Governance
Interlocking Business Network