地域、文化与公司创新
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| Title | Geography、Culture and Corporate Innovation
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| 作者 | 王义中 魏悦 宋敏 |
| Author | Yizhong Wang,Yueling Wei and Frank M. Song |
| 作者单位 | 浙江大学经济学院；北京大学经济学院 |
| Organization | School of Economics, Zhejiang University; School of Economics, Peking University |
| 作者Email | wangyizhong@zju.edu.cn；wyueling@126.com；fmsong@hku.hk |
| 中文关键词 | 公司创新 文化 公司治理 |
| Key Words | Corporate innovation; Culture; Corporate governance |
| 内容提要 | 中国南方与北方差异性的文化特征为研究地域文化的微观影响提供了独特视角。基于此，文章从区域和公司层面，用地域方言、南北方文化和跨文化交流三个不同的维度度量文化，研究地域、文化差异对公司创新行为的影响，并从公司治理的角度考察具体作用机制。经验结果表明，地域方言对公司创新行为有显著影响；与CEO为北方人相比，CEO为南方人的公司创新行为更为突出；公司治理水平会影响到地域文化作用于公司创新行为的效果；跨区域文化交流会显著影响公司创新水平。该结论不仅强调地域文化因素和跨区域文化交流在中国上市公司创新行为中的重要性，而且突出公司内部治理对于提升其创新水平的作用。 |
| Abstract | The differeantial cultural characteristics between South and North China offer us a unique perspective to study the micro effects of regional culture. In this paper, we investigate the effect of regional cultural differences on corporate innovation at regional and corporate levels from the dimensions of regional dialect, South-North culture and inter-cultural communications, and further examine its specific functional mechanisms from corporate governance perspective. Our empirical results show that regional dialect has a significant effect on corporate innovation and that corporations led by sorthern CEOs innovate more compared to corporations led by northern CEOs. Moreover, corporate governance significantly impacts the effect of reginal culture on corporate innovation activity and inter-regional cultural communication significantly affects corporate innovation. The conclusions not only highlight the importance of regional cultural and inter-regional cultural communications but also emphasize the role of corporate internal governance on innovative activity in Chinese listed corporations. |
| 文章编号 | WP1067 |
| 登载时间 | 2016-05-31 |
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