CEO power, internal control quality, and entrepreneurial innovation spirit in family enterprises

被引：3
作者：
Li, Weibin [1 ]
Huang, Yingling [1 ]
Zhou, Hongyong [1 ]
Liu, Xin [1 ]
机构：
[1] Shaoxing Univ, Sch Business, Shaoxing 312000, Peoples R China
来源：
INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS | 2024年 / 95卷
关键词：
Chinese family business; CEO power; Internal control; Entrepreneurial innovation spirit; SOCIOEMOTIONAL WEALTH; CORPORATE GOVERNANCE; FIRMS; ATTRIBUTES; LEADERSHIP; IMPACT; BOARDS;
D O I：
10.1016/j.irfa.2024.103364
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Using listed manufacturing enterprises in China from 2013 to 2020 as a sample, we find that CEO formal power, CEO integrated power, and internal control quality are positively and significantly related to the entrepreneurial innovation spirit of family businesses. CEO informal power, although not directly correlated, can enhance entrepreneurial innovation spirit by strengthening CEO formal power. In addition, internal control quality negatively regulates the relationship between CEO formal power and integrated power, and entrepreneurial innovation spirit. These findings highlight the incentive effects of CEO power and internal control on entrepreneurial innovation spirit in family enterprises, as well as the supervisory and inhibitory role of internal control over CEO power. This study contributes to the understanding of factors influencing entrepreneurial innovation spirit in family enterprises, focusing on CEO power and internal governance.
引用
收藏
页数：13
相关论文
共 25 条
  • [21] Increasing Quantity or Improving Quality: Can Soil Pollution Control Promote Green Innovation in China's Industrial and Mining Enterprises?
    Du, Zhengke
    Zhu, Chengcheng
    Zhou, Yuxin
    SUSTAINABILITY, 2022, 14 (22)
  • [22] Does ESG Performance Improve the Quantity and Quality of Innovation? The Mediating Role of Internal Control Effectiveness and Analyst Coverage
    Li, Shuying
    Liu, Yujie
    Xu, Yang
    SUSTAINABILITY, 2023, 15 (01)
  • [23] Impacts of tax enforcement and independent audit on financial reporting quality through the internal control effectiveness: Evidence from Vietnam enterprises
    Pham, Quoc Thuan
    Tran, Thi Giang Tan
    Bui, Thi Thao Hien
    Nguyen, Thi Phuong Loan
    Bui, Anh Thanh
    COGENT SOCIAL SCIENCES, 2023, 9 (01):
  • [24] The Impact of Internal Control and Executive Power: An Approach to Promoting the Quality of Accounting Information in Chinese Quoted Firms
    Zhu, Degui
    Zhu, Liqiongyu
    2015 27TH CHINESE CONTROL AND DECISION CONFERENCE (CCDC), 2015, : 3174 - 3179
  • [25] Executive power, Audit committee expertise and Internal control quality: An Empirical Analysis of China's A-share Markets
    Ma Xiangyun
    Liu Shiping
    INTERNATIONAL CONFERENCE ON ECONOMICS AND MANAGEMENT INNOVATIONS (ICEMI 2017), VOL 1, ISSUE 1, 2017, : 151 - 153
123