The survival and development of enterprises cannot be separated from the institutional environment. The social organization in the learning of new institutionalism paradigm based on, its legitimacy perspective through...The survival and development of enterprises cannot be separated from the institutional environment. The social organization in the learning of new institutionalism paradigm based on, its legitimacy perspective through the method of empirical research to explore the institutional pressures on the enterprise internal control mechanism of the effect of the reaction strategy. Study found that： enterprises face greater institution pressures, enterprises in the strategic choice tend to obey; enterprise resources and ability in the relationship between the two play regulatory role, including resource market negative to adjust, and institutional resources produced positive moderating effect.展开更多
Innovation is a process results in new products, methods of production and forms of business organization. Innovation can vastly improve the welfare of consumers, investors, firms and the economy. However, there is re...Innovation is a process results in new products, methods of production and forms of business organization. Innovation can vastly improve the welfare of consumers, investors, firms and the economy. However, there is relatively limited evidence of how corporate governance affects corporate innovation. In this study, the author theoretically demonstrates how internal governance mechanisms interact to affect innovation, such as internal control, monitoring and compensation contracts. Governance mechanisms are determined by firm characteristics. The ＂best＂ governance structures that can be adopted universally do not exist. However, innovative firms often share similar characteristics, and they adopt similar governance mechanisms to facilitate innovation. The ultimate purpose of such internal governance mechanism that facilitates innovation is to prevent managers＇ myopia, and this paper concludes 5 different roles in internal governance mechanism that facilitate corporate innovation behavior.展开更多
文摘The survival and development of enterprises cannot be separated from the institutional environment. The social organization in the learning of new institutionalism paradigm based on, its legitimacy perspective through the method of empirical research to explore the institutional pressures on the enterprise internal control mechanism of the effect of the reaction strategy. Study found that： enterprises face greater institution pressures, enterprises in the strategic choice tend to obey; enterprise resources and ability in the relationship between the two play regulatory role, including resource market negative to adjust, and institutional resources produced positive moderating effect.
文摘Innovation is a process results in new products, methods of production and forms of business organization. Innovation can vastly improve the welfare of consumers, investors, firms and the economy. However, there is relatively limited evidence of how corporate governance affects corporate innovation. In this study, the author theoretically demonstrates how internal governance mechanisms interact to affect innovation, such as internal control, monitoring and compensation contracts. Governance mechanisms are determined by firm characteristics. The ＂best＂ governance structures that can be adopted universally do not exist. However, innovative firms often share similar characteristics, and they adopt similar governance mechanisms to facilitate innovation. The ultimate purpose of such internal governance mechanism that facilitates innovation is to prevent managers＇ myopia, and this paper concludes 5 different roles in internal governance mechanism that facilitate corporate innovation behavior.
