CEO tenure and ownership mode choice of Chinese firms: The moderating roles of managerial discretion

被引:47
作者
Xie, Qunyong [1 ,2 ]
机构
[1] Wuhan Univ Sci & Technol, City Coll, Dept Econ & Management, Wuhan 430083, Peoples R China
[2] Univ Agder, Fac Econ & Social Sci, N-4604 Kristiansand, Norway
关键词
CEO duality; CEO tenure; Entry mode; Managerial discretion; Upper echelon theory; MARKET ENTRY MODE; NATIONAL CULTURE; RISK-TAKING; TRANSACTION; COST; PERFORMANCE; ORGANIZATION; ENTERPRISES; EXECUTIVES; STRATEGY;
D O I
10.1016/j.ibusrev.2014.02.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
Based on upper echelon theory, this study has explored how CEO tenure affects ownership mode choice of Chinese firms investing abroad, and how some organizational factors, such as firm size, firm age and CEO duality, moderate this relationship. Using secondary data, this study finds CEO tenure has a positive relationship with the choice of full control mode, CEO duality can reinforce this relationship, but firm size and firm age have no significant moderating effect. (C) 2014 Elsevier Ltd. All rights reserved.
引用
收藏
页码:910 / 919
页数:10
相关论文
共 75 条
[1]  
Aiken LS., 1991, MULTIPLE REGRESSION
[2]   Globalization of Chinese Firms: Theoretical Universalism or Particularism [J].
Alon, Ilan ;
Child, John ;
Li, Shaomin ;
McIntyre, John R. .
MANAGEMENT AND ORGANIZATION REVIEW, 2011, 7 (02) :191-200
[3]  
[Anonymous], 1988, JL Econ. Org
[4]  
[Anonymous], 2001, Econometric Analysis of Cross Section and Panel Data
[5]  
[Anonymous], 2005, 3630 WORLD BANK POL
[6]  
[Anonymous], 2006, ASIA PACIFIC J MANAG, DOI DOI 10.1007/S10490-006-6113-0
[7]   A TIME TO GROW AND A TIME TO DIE - GROWTH AND MORTALITY OF CREDIT UNIONS IN NEW-YORK-CITY, 1914-1990 [J].
BARRON, DN ;
WEST, E ;
HANNAN, MT .
AMERICAN JOURNAL OF SOCIOLOGY, 1994, 100 (02) :381-421
[8]  
Bergh DD, 2001, J MANAGE, V27, P603, DOI 10.1177/014920630102700506
[9]   Does ownership structure of emerging-market firms affect their outward FDI? The case of the Indian automotive and pharmaceutical sectors [J].
Bhaumik, Sumon Kumar ;
Driffield, Nigel ;
Pal, Sarmistha .
JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2010, 41 (03) :437-450
[10]   National culture and expatriate deployment [J].
Brock, David M. ;
Shenkar, Oded ;
Shoham, Amir ;
Siscovick, Ilene C. .
JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2008, 39 (08) :1293-1309