摘要
家族企业起源是塑造企业特征的长期因素,起源不同决定了其对文化价值观的传承存在差异进而影响企业决策。本文以2012—2018年A股上市家族企业为样本研究发现,由公有制企业和国有企业改制形成的家族企业与创始人创业形成的家族企业在社会责任的履行上存在差异,创业家族企业履行社会责任的程度较高,且更为积极地履行对直接利益相关者的社会责任。当企业的家族控制权较高以及企业成立年限较短时,起源对企业社会责任具有更强的影响。在机制检验中,本文通过引入儒家文化的代理变量划分5个分位组分别进行回归、对汉族地区和少数民族聚居区进行分样本回归以及竞争性假设排除等检验方式,发现不同起源下文化价值观差异对决策行为具有影响。相较于改制家族企业,创业家族企业的创始人行为更倾向于遵循“兼济天下”的传统儒家文化理念,承担了更多的社会责任。本文揭示了中国本土传统文化传承对企业微观决策过程的影响,具有明晰的启示意义。
The origin of a family firm is a long-term factor that shapes its characteristics.Different origins lead to the differences in the inheritance of cultural values and affect corporate decision-making.Using A-share listed family companies from 2012 to 2018 as a sample,this paper finds that family companies established by founders treat corporate social responsibilities(CSR)differently from those originating from public ownership,collective ownership and state-owned enterprise restructure,with the former fulfilling CSR to a higher extent,especially when the CSR is related to their direct stakeholders.Origin has a stronger influence on the CSR of young firms under powerful control of a family.In the mechanism test,we introduce the proxy variables of Confucian culture and divide them into 5 quantile groups to conduct regression(sample regression for Han areas and ethnic minorities living area)and alternative explanation exclusion.We find that origin has a critical impact on decision-making by different culture orientation.Specifically,the results indicate that compared with the restructured family firms,the founders of the entrepreneurial family firms tend to follow the traditional Confucian cultural concept of‘promoting the social welfare’and assume more social responsibilities.Our conclusion reveals the influence of the inheritance of Chinese indigenous traditional culture on the corporate decision-making process,which has clear enlightening significance.
作者
程晨
李宛蓉
袁媛
Cheng Chen;Li Wanrong;Yuan Yuan(School of Business,Zhengzhou University,Zhengzhou 450001;School of Management,Huazhong University of Science and Technology,Wuhan 430074)
出处
《管理评论》
CSSCI
北大核心
2022年第11期233-245,共13页
Management Review
基金
国家社会科学基金青年项目(21CGL053)
关键词
家族企业起源
企业社会责任
文化传承
the origin of family firms
corporate social responsibility
cultural inheritance
作者简介
程晨,郑州大学商学院副教授,硕士生导师,博士;李宛蓉,郑州大学商学院硕士研究生;通讯作者:袁媛,华中科技大学管理学院博士研究生。
