高管团队知识基础对企业绩效的影响——以我国高技术制造行业为例

Influence of Top Management Team Knowledge Base on Enterprise Performance——A Case Study of High-tech Manufacturing Industry

高管团队直接决定着企业的战略决策,而高管决策是建立在其知识基础之上的。根据高阶理论,企业的战略决策和结果多反映了高管的个人经历和特点。现有的高阶理论研究基本聚焦在高管团队知识的同质性或异质性方面,未曾考虑到高管团体知识资源的特征。基于知识基础观,在讨论不同高管团队知识基础对企业绩效影响的基础上,以2015—2017年间中国高技术制造行业为样本,采用普通最小二乘法进行验证并进行替换自变量、因变量等稳健性检验,结果表明:高管知识深度对企业的短期绩效有积极影响,高管知识宽度对企业的短期和成长性绩效都有显著性影响。

Top management team makes strategic decisions of a company,and the decisions are based on its knowledge background.According to upper echelons theory,the strategic decisions and results of enterprises reflect to a large extent the personal experiences and personalities of the top managers.However,the previous upper echelons theory researches focus mainly on the homogeneity or heterogeneity of the top management team’s knowledge,without considering the characteristics of the knowledge resources of the top management team.In the knowledge-based view,the senior management team’s knowledge accumulation is analyzed in depth and width,and the influence of different senior management team knowledge base on enterprise performance is further discussed.Taking China’s high-tech manufacturing industry from 2015 to 2017 as a research sample,we verified the results by generalized least squares method,the robustness tests on substitution of independent variables and dependent variables were carried out.The results show that the depth of knowledge of top management team has a positive impact on short-term enterprise performance,and the width of knowledge of top management team has a significant impact on both short-term and growth performance of enterprises.