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光伏企业融资渠道对技术创新质量的影响——基于经理人创新管理能力的调节效应 被引量:2
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作者 刘扬 赵晓丽 《北京理工大学学报(社会科学版)》 CSSCI 北大核心 2023年第4期52-64,共13页
双碳目标下,促进可再生能源大规模发展的任务变得更加紧迫。高质量技术创新是促进可再生能源大规模发展的重要条件。但高质量意味着高风险,企业不仅需要大量的资金投入,还需要良好的对技术创新的管理能力。以中国、美国、德国、日本和... 双碳目标下,促进可再生能源大规模发展的任务变得更加紧迫。高质量技术创新是促进可再生能源大规模发展的重要条件。但高质量意味着高风险,企业不仅需要大量的资金投入,还需要良好的对技术创新的管理能力。以中国、美国、德国、日本和韩国五国光伏上市企业为例,从物质资本与人力资本相结合的角度,揭示经理人技术创新管理能力在股权、债权融资对光伏企业技术创新质量影响关系中的重要作用。研究发现,由于投资者渴望规避高风险,股权融资与债权融资对技术创新质量均有负向影响,且债权融资比股权融资的负向影响更大;但如果经理人对技术创新活动有较好的管理能力,就能在企业创新的不同阶段有效缓解上述不利影响,甚至可以引导股权融资对创新质量发挥促进作用。在实证研究基础上,从企业经营和政府部门制定政策两方面给出提高光伏企业技术创新质量的对策建议。 展开更多
关键词 光伏企业 股权融资 债权融资 创新质量 经理人创新管理能力
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An Empirical Study of the Senior Corporate Managers' Ability to Innovate
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作者 Zhang Bincheng Huang Qian 《Journal of Modern Accounting and Auditing》 2013年第6期808-813,共6页
Senior corporate managers' innovation ability and spirit are very important in the growth process of corporate business development. This paper focuses on the innovation capacities of the senior corporate managers of... Senior corporate managers' innovation ability and spirit are very important in the growth process of corporate business development. This paper focuses on the innovation capacities of the senior corporate managers of listed companies in China and the complex relationship between firm performance and the operating environment to study and analyze the management and development of Chinese enterprises. Through relevant theoretical analysis and development of research hypotheses using the A-shares in Shanghai and Shenzhen listed companies announced in 2007 and 2008, the authors design an empirical model. The study found that in Chinese listed companies, the higher the innovation spirit of senior corporate managers, the better their business performances; the stronger the dynamic and complexity of the operating environment, the more the corporate managers' innovation ability will be developed. 展开更多
关键词 senior corporate manager ability to innovate Chinese enterprises
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