Board Faultlines, Innovation Strategy Decisions, and Faultline Activation: Research on Technology-Intensive Enterprises in Chinese A-Share Companies
In the context of social norms, based on faultline theory, using samples of Chinese A-share listed companies of technology-intensive industries from 2009 to 2015, this paper studies how board faultlines influence innovation strategy decisions and test the influences of a dual chairman/CEO and board...
Glavni autori: | , |
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Format: | Članak |
Jezik: | English |
Izdano: |
Frontiers Media S.A.
2022-03-01
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Serija: | Frontiers in Psychology |
Teme: | |
Online pristup: | https://www.frontiersin.org/articles/10.3389/fpsyg.2022.855610/full |
Sažetak: | In the context of social norms, based on faultline theory, using samples of Chinese A-share listed companies of technology-intensive industries from 2009 to 2015, this paper studies how board faultlines influence innovation strategy decisions and test the influences of a dual chairman/CEO and board ownership on that relationship. The results of the study are as follows. Social-related faultlines have a significant negative influence on innovation strategy decisions. Cognitive-related faultlines have a significant positive influence on innovation strategy decisions. A dual chairman/CEO has no moderating effect between social-related faultlines and innovation strategy decisions, but weakens the positive effect between cognitive-related faultlines and innovation strategy decisions. Board ownership weakens the negative effect between social-related faultlines and innovation strategy decisions but enhances the positive effect between cognitive-related faultlines and innovation strategy decisions. |
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ISSN: | 1664-1078 |