摘要
选取2010—2022年沪深A股上市公司为研究对象,探讨了绩效期望顺差对企业创新活跃度的作用影响及其边界条件。结果表明:(1)绩效期望顺差与企业创新活跃度呈倒U型关系;(2)管理者风险特质通过增强管理者的信心和财富预期,进而对绩效期望顺差与企业创新活跃度之间的关系起强化作用;(3)竞争威胁通过分散企业资源和精力、迫于生存压力降低冒险动机和信心,进而对绩效期望顺差与企业创新活跃度之间的倒U型关系起弱化作用。
This paper examines the impact of performance expectation surplus on corporate innovation activity and its boundary conditions by selecting A-share listed companies in Shanghai and Shenzhen from 2010 to 2022 as the research subjects.The results show that:(1)there is an inverted U-shaped relationship between performance expectation surplus and corporate innovation activity.(2)Managers risk-taking traits strengthen the relationship between performance expectation surplus and corporate innovation activity by enhancing managers'confidence and wealth expectations.(3)Competitive threats weaken the inverted U-shaped relationship between performance expectation surplus and corporate innovation activity by diverting corporate resources and energy,and reducing risk-taking motivation and confidence due to survival pressures.
作者
段云龙
蒲兴山
DUAN Yun-long;PU Xing-shan(Department of Science and Technology,Yunnan University of Finance and Economics,Kunming 650221;Yunnan Economic and Social Big Data Research Institute,Kunming 650221;School of Logistics and Management Engineering,Yunnan University of Finance and Economics,Kunming 650221)
出处
《软科学》
北大核心
2025年第7期104-112,共9页
Soft Science
基金
国家自然科学基金项目(72274165)
云南省应用基础研究重点项目(202301AS070072)
云南省教育厅项目(2024Y556)。
关键词
绩效期望顺差
企业创新活跃度
管理者风险特质
竞争威胁
performance expectation surplus
corporate innovation activity
managers'risk traits
competitive threats
作者简介
段云龙(1977-),男,云南大理人,博士、教授、博士生导师,研究方向为创新管理;通讯作者:蒲兴山(1998-),男,贵州铜仁人,硕士研究生,研究方向为创新管理。
