科学决策
科學決策
과학결책
DECISION MAKING MAGAZINE
2015年
5期
35-46
,共12页
鲍曼悖论%财务资源%资源基础观%前景理论%行为理论
鮑曼悖論%財務資源%資源基礎觀%前景理論%行為理論
포만패론%재무자원%자원기출관%전경이론%행위이론
Bowman paradox%financial resources%resource based view%prospect theory%be-havior theory
鲍曼悖论———跨企业绩效与战略风险负相关,是战略管理研究领域的经典谜题,自20世纪80年代提出以来引发了众多学者持续的研究和争论。文章选取国内937家民营上市公司作为样本,结合前景理论、行为理论以及资源基础理论,通过构建二次回归模型探讨了跨企业战略风险与绩效之间的关系,以及财务资源配置对二者关系的调节作用。研究结果显示,我国民营上市公司绩效与战略风险之间呈现正U型曲线关系;财务资源配置负向调节绩效与战略风险的相关关系。
鮑曼悖論———跨企業績效與戰略風險負相關,是戰略管理研究領域的經典謎題,自20世紀80年代提齣以來引髮瞭衆多學者持續的研究和爭論。文章選取國內937傢民營上市公司作為樣本,結閤前景理論、行為理論以及資源基礎理論,通過構建二次迴歸模型探討瞭跨企業戰略風險與績效之間的關繫,以及財務資源配置對二者關繫的調節作用。研究結果顯示,我國民營上市公司績效與戰略風險之間呈現正U型麯線關繫;財務資源配置負嚮調節績效與戰略風險的相關關繫。
포만패론———과기업적효여전략풍험부상관,시전략관리연구영역적경전미제,자20세기80년대제출이래인발료음다학자지속적연구화쟁론。문장선취국내937가민영상시공사작위양본,결합전경이론、행위이론이급자원기출이론,통과구건이차회귀모형탐토료과기업전략풍험여적효지간적관계,이급재무자원배치대이자관계적조절작용。연구결과현시,아국민영상시공사적효여전략풍험지간정현정U형곡선관계;재무자원배치부향조절적효여전략풍험적상관관계。
Bowman paradox has been a classic puzzle in the field of strategic management. It has caused many scholars continued research and debate since it was put forward in 1980 s. In this paper,We select 937 domestic listed companies as samples,and combined the prospect theory, behavior theory and the Resource based view to examined the relationship between inter-enter-prise strategic risk and performance by constructing a quadratic regression model. The results showed that the performance-risk relationship of the private listing Corporation in China is U shaped;the financial resources is negative to adjust corporate performance-risk relationship.