CAJ | 학술논문

从高层管理团队（TMT）社会网络的角度,通过对145家国有控股上市公司1 079名高层管理人员的履历信息进行内容分析,以TMT社会资本存量和联系强度2个维度测量TMT社会资本,探讨TMT社会资本对企业财务绩效的影响.在进行社会资本分析时,采用复杂网络社区理论及算法,将TMT映射至拓扑结构,以TMT为一个整体,将TMT视为真实世界网络中的一个社区加以研究.研究结果表明,企业TMT的社会资本存量及强度显著影响企业的经营绩效和投资绩效,但对筹资绩效未产生影响.
종고층관리단대（TMT）사회망락적각도,통과대145가국유공고상시공사1 079명고층관리인원적리력신식진행내용분석,이TMT사회자본존량화련계강도2개유도측량TMT사회자본,탐토TMT사회자본대기업재무적효적영향.재진행사회자본분석시,채용복잡망락사구이론급산법,장TMT영사지탁복결구,이TMT위일개정체,장TMT시위진실세계망락중적일개사구가이연구.연구결과표명,기업TMT적사회자본존량급강도현저영향기업적경영적효화투자적효,단대주자적효미산생영향.
The present article explores the impacts of TMT＇s social capital on organizational fi- nancial performance from the perspective of TMT social network, borrows ideas from the complex network community theory and algorithm in the social network analysis. The study selects 145 state- owned listed companies of four industries, uses content analysis method to study resume of 1079 TMT members. TMT is mapped to the topology structure from the real world network. This paper views TMT as a community in the real world network, measures TMT social capital from two dimensions of TMT social network stock and contact strength. Regression analysis results showed that： TMT social network stock and contact strength have significant impacts on business and investment performance, but don＇t affect fund-raising performance.