The Impact of CEO Duality and Ownership on the Relationship Between Organisational Slack and Firm Performance in China

被引：15

作者：

Wang, Dong ^{[1
]}

Sun, Daojun ^{[1
]}

Yu, Xiaofeng ^{[2
]}

Zhang, Yihao ^{[2
]}

机构：

[1] Commun Univ China, MBA Sch, Beijing, Peoples R China

[2] Nanjing Univ, Sch Business, Nanjing 210093, Jiangsu, Peoples R China

来源：

SYSTEMS RESEARCH AND BEHAVIORAL SCIENCE | 2014年 / 31卷 / 01期

关键词：

organisational slack; firm performance; CEO duality; CEO ownership; STRATEGIC CHANGE; RISK-TAKING; GOVERNANCE; RESOURCES;

D O I：

10.1002/sres.2172

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

The study investigates the moderating effect of CEO (Chief Executive Officer) duality and CEO ownership on the relationship between organisational slack and firm performance. Through reviewing relevant literature on organisational slack, agency and stewardship theories, this study develops hypotheses on the relationship between organisational slack and firm performance and the moderations of CEO duality and CEO ownership. On the basis of a large data of Chinese firms, this study finds that there is a positive relationship between organisational slack and firm performance, and the moderating effect of CEO duality is positive, whereas that of CEO ownership is insignificant. The findings not only improve the understanding on the performance implication of organisational slack but also indicates that stewardship theory is more powerful than agency theory in China. Copyright (c) 2013 John Wiley & Sons, Ltd.

引用

页码：94 / 101

页数：8

共 50 条

[1] CEO duality, organizational slack, and firm performance in China
Mike W. Peng
Yuan Li
En Xie
Zhongfeng Su
Asia Pacific Journal of Management, 2010, 27 : 611 - 624
[2] CEO duality, organizational slack, and firm performance in China
Peng, Mike W.
Li, Yuan
Xie, En
Su, Zhongfeng
ASIA PACIFIC JOURNAL OF MANAGEMENT, 2010, 27 (04) : 611 - 624
[3] SELF-SELECTION, ENDOGENEITY, AND THE RELATIONSHIP BETWEEN CEO DUALITY AND FIRM PERFORMANCE
Iyengar, Raghavan J.
Zampelli, Ernest M.
STRATEGIC MANAGEMENT JOURNAL, 2009, 30 (10) : 1092 - 1112
[4] The dynamic relationship between CEO duality and firm performance: The moderating role of board independence
Duru, Augustine
Iyengar, Raghavan J.
Zampelli, Ernest M.
JOURNAL OF BUSINESS RESEARCH, 2016, 69 (10) : 4269 - 4277
[5] Empirical Investigation on the Relationship between CEO Tenure and Firm Performance in China
Wu, Jun
Li, Jie
Chen, Shouming
PROCEEDINGS OF 2009 CONFERENCE ON SYSTEMS SCIENCE, MANAGEMENT SCIENCE & SYSTEM DYNAMICS, VOL 7, 2009, : 171 - 174
[6] The Relationship between Slack Resources and Firm Performance in the Context of Inter-firm Networks: An Empirical Research in China
Liu Bing
Fu Zhengping
INNOVATION, ENTREPRENEURSHIP AND STRATEGY IN THE ERA OF INTERNET, 2016, : 1028 - 1034
[7] The Relationship between Financial Slack, Ownership-Board Structure, and Firm Performance: Evidence from BIST 100
Irmak, Fazli
EKONOMI POLITIKA & FINANS ARASTIRMALARI DERGISI, 2024, 9 (03): : 520 - 548
[8] An empirical analysis of the curvilinear relationship between slack and firm performance
Argilés-Bosch J.M.
Garcia-Blandón J.
Ravenda D.
Martínez-Blasco M.
Journal of Management Control, 2018, 29 (3-4) : 361 - 397
[9] Behind organizational slack and firm performance in China: The moderating roles of ownership and competitive intensity
Min Ju
Hongxin Zhao
Asia Pacific Journal of Management, 2009, 26 : 701 - 717
[10] Behind organizational slack and firm performance in China: The moderating roles of ownership and competitive intensity
Ju, Min
Zhao, Hongxin
ASIA PACIFIC JOURNAL OF MANAGEMENT, 2009, 26 (04) : 701 - 717

← 1 2 3 4 5 →