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系統識別號 U0026-0812200913415171
論文名稱(中文) 以權變觀點探討高階經營團隊特性對於策略及績效之影響
論文名稱(英文) The influence of top management team characteristics on firm strategies and performance through contingent perspectives
校院名稱 成功大學
系所名稱(中) 企業管理學系碩博士班
系所名稱(英) Department of Business Administration
學年度 95
學期 2
出版年 96
研究生(中文) 胡欣燕
研究生(英文) Shin-Yan Hu
學號 r4694113
學位類別 碩士
語文別 英文
論文頁數 56頁
口試委員 口試委員-張紹基
口試委員-陳忠仁
指導教授-吳學良
中文關鍵字 策略持續性  高階經營團隊特性  公司治理  組織寬裕 
英文關鍵字 corporate governance  organizational slack  strategic persistence  TMT characteristics 
學科別分類
中文摘要   根據代理理論的主張,經營權與所有權的分離,是公司治理領域中一個重要的議題。雖然很多過去的研究的重點都是指出,設立一個監督機制的重要性,但管理人理論卻提出一個不同的看法。管理人理論指出,經理人並不如同代理理論的假設,全部都是根據自身利益的追求,而做出傷害股東權益的決策。再者,當所有權可以與管理權並列時,高階經營團隊會有比較高的傾向,去做出對公司長期績效有利的決策與方案。基於這樣的觀念,我們提出了高階經營團隊持股,將會影響組織績效與策略持續性的主張。同時,策略持續性在高階經營團隊持股與組織績效之間的中介效果,也在此研究中獲得測試與證實。除此之外,高階團隊與組織層級的三個調節變數,對於高階經營團隊持股與組織績效之間的交互作用,也在本研究中被測試與證實。亦即當高階經營團隊的年資差異性越大,會導致高階經營團隊持股與組織績效之間的正向效果被削弱;然而當高階經營團隊的教育背景同質性愈高,以及組織所擁有的寬裕資源也越大時,高階經營團隊持股與組織績效之間的正向效果將會被加強。
  根據實證結果顯示,高階經營團隊持股與組織績效之間的正向效果是存在的,同時高階經營團隊持股與策略持續性之間的正向效果也是存在的。由策略持續性所擔任的中介角色,也在高階經營團隊持股與組織績效主效果之間的關係中被證實。高階經營團隊的年資差異性、高階經營團隊的教育背景同質性、與組織寬裕所扮演的調節效果,也在研究當中得到證實。
英文摘要 According to agency theory, separation of ownership and control has become a dominant concept of corporate governance field. Although many past researches put the emphases on the monitoring mechanism of agency problems, stewardship theory proposes a different view. It argues that managers not always pursue their own interests that would hurt shareholders’ benefits. Furthermore, when ownership is aligned with management, top management team would tend to make a strategic decision under a firm’s long-term concerns. Base on this concept, we proposed a relationship that a higher TMT ownership may lead to a higher firm performance and a higher strategic persistence. Specifically, a mediating effect of strategic persistence was tested by intervening it into the main link between TMT ownership and firm performance. Otherwise, we test three moderating effects on the link between TMT ownership and strategic persistence. Three moderators are categorized as: TMT tenure variance, TMT educational background homogeneity, and organizational slack.
As the empirical results showed, a higher TMT ownership may lead to a higher degree of firm performance and strategic persistence. And also, the mediating effect of strategic persistence is proved with it intervening role. Finally, three moderating effects was tested and showed the match with the hypotheses. That is, TMT tenure variance has a negative influence on the link between TMT ownership and strategic persistence. However, TMT educational background homogeneity and organizational slack have a positive influence on the link between TMT ownership and strategic persistence.
論文目次 摘要-----------------------------------------------------Ⅰ
Abstract-------------------------------------------------Ⅱ
致謝-----------------------------------------------------Ⅲ
Table of Contents----------------------------------------Ⅳ
List of Tables-------------------------------------------Ⅴ
List of Figures------------------------------------------Ⅵ


Chapter 1 Introduction------------------------------------1
1-1. Research Background and Motivation-------------------1
1-2. Research objective-----------------------------------3
1-3. The organization of this Study-----------------------3

Chapter 2 Literature Review and Hypotheses----------------5
2-1. Top-management-team Ownership------------------------5
2-2. Strategic Persistence--------------------------------8
2-3. Moderating Effect of TMT characteristics------------13
2-3. Moderating Effect of organizational slack-----------18

Chapter 3 Research Design and Methodology----------------19
3-1. Sample and Data Collection--------------------------19
3-2. The Conceptual Frame Work---------------------------20
3-3. Measurements----------------------------------------22

Chapter 4 Analysis and Results---------------------------29
4-1. Descriptive Statistics and Correlation Analysis-----29
4-2. Regression Result-----------------------------------33

Chapter 5 Conclusions and Suggestions--------------------43
5-1. Discussion and Implications-------------------------43
5-2. Limitation and Suggestions for future Studies-------45


References-----------------------------------------------47
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