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2066钱德勒认为，随着“支薪经理”的不断涉入，“经理式企业”取代“家庭式企业”是家族企业发展的必然趋势。然而，关于家族企业创新的研究则发现，家族企业的创新产出优势来自家族涉入的影响。因此，钱德勒关于“管理革命”的论述与家族企业创新研究的发现存在逻辑张力。为了解开这一谜题，本文探讨家族企业引入非家族高管这种职业化方式对其创新产出的影响。基于我国上市家族企业的样本数据，通过对引入非家族高管所产生的代理收益和代理成本的比较分析，本文发现，虽然家族企业引进非家族高管能够提升企业的创新产出，但是当高管团队中的非家族高管比例达到一定高度之后，继续引进非家族高管所带来的创新产出净收益呈现下降趋势。非家族高管的现金激励和股权激励则会延缓家族企业创新产出净收益的下降趋势。家族成员担任“一把手”时也存在类似的效应。上述发现揭示了职业化对家族企业创新行为的内在影响力量，不仅更新了人们对钱德勒命题的认识，也为家族企业提供了增进职业化净收益的策略和管理启示。
非家族高管比例与家族企业创新产出的关系研究——对钱德勒命题的反思
摘要
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引用本文
吴炳德, 张玮, 陈士慧, 等. 非家族高管比例与家族企业创新产出的关系研究——对钱德勒命题的反思[J]. 外国经济与管理, 2022, 44(10): 36-53.
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