The Board Faultlines and Corporate Innovation Strategies Under the Influence of Property Rights Background and Institutional Environment

This study takes the Chinese technology-intensive listed companies from 2009 to 2019 as the research sample to study the relationship between board faultlines and innovation strategy decisions of companies, and examines the impact of property rights background and institutional environment on the ab...

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Main Authors: Yan Zhang, Lianfu Ma
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-04-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2022.857886/full
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author Yan Zhang
Lianfu Ma
author_facet Yan Zhang
Lianfu Ma
author_sort Yan Zhang
collection DOAJ
description This study takes the Chinese technology-intensive listed companies from 2009 to 2019 as the research sample to study the relationship between board faultlines and innovation strategy decisions of companies, and examines the impact of property rights background and institutional environment on the above relationship from the perspective of external governance environment of Chinese-listed companies. The results show that social-related faultlines of the board of directors have a negative influence on corporate innovation strategy decisions; cognitive-related faultlines have a positive effect on corporate innovation strategy decisions. At the same time, this research proves that the property rights background and institutional environment have a regulating role in the relationship between board faultlines and innovation strategy decisions, and can play an active role in the board faultlines.
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spelling doaj.art-6254bbd172e045c6a0878cf1373dcbd42022-12-22T00:08:16ZengFrontiers Media S.A.Frontiers in Psychology1664-10782022-04-011310.3389/fpsyg.2022.857886857886The Board Faultlines and Corporate Innovation Strategies Under the Influence of Property Rights Background and Institutional EnvironmentYan Zhang0Lianfu Ma1Research Center for Environment and Sustainable Development of the China Civil Aviation, Civil Aviation University of China, Tianjin, ChinaBusiness School, Nankai University, Tianjin, ChinaThis study takes the Chinese technology-intensive listed companies from 2009 to 2019 as the research sample to study the relationship between board faultlines and innovation strategy decisions of companies, and examines the impact of property rights background and institutional environment on the above relationship from the perspective of external governance environment of Chinese-listed companies. The results show that social-related faultlines of the board of directors have a negative influence on corporate innovation strategy decisions; cognitive-related faultlines have a positive effect on corporate innovation strategy decisions. At the same time, this research proves that the property rights background and institutional environment have a regulating role in the relationship between board faultlines and innovation strategy decisions, and can play an active role in the board faultlines.https://www.frontiersin.org/articles/10.3389/fpsyg.2022.857886/fullsocial-related faultlinescognitive-related faultlinesinnovation strategy decisionproperty right backgroundinstitutional environment
spellingShingle Yan Zhang
Lianfu Ma
The Board Faultlines and Corporate Innovation Strategies Under the Influence of Property Rights Background and Institutional Environment
Frontiers in Psychology
social-related faultlines
cognitive-related faultlines
innovation strategy decision
property right background
institutional environment
title The Board Faultlines and Corporate Innovation Strategies Under the Influence of Property Rights Background and Institutional Environment
title_full The Board Faultlines and Corporate Innovation Strategies Under the Influence of Property Rights Background and Institutional Environment
title_fullStr The Board Faultlines and Corporate Innovation Strategies Under the Influence of Property Rights Background and Institutional Environment
title_full_unstemmed The Board Faultlines and Corporate Innovation Strategies Under the Influence of Property Rights Background and Institutional Environment
title_short The Board Faultlines and Corporate Innovation Strategies Under the Influence of Property Rights Background and Institutional Environment
title_sort board faultlines and corporate innovation strategies under the influence of property rights background and institutional environment
topic social-related faultlines
cognitive-related faultlines
innovation strategy decision
property right background
institutional environment
url https://www.frontiersin.org/articles/10.3389/fpsyg.2022.857886/full
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