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Based on the Equity Structure View of the Relationship between TMT Heterogeneity and Innovation Performance

In: The International Entrepreneurship: Trends, Challenges, Achievements. Proceedings of the Eighth International Conference, 6 – 9 June 2017, Varna, Bulgaria

Author

Listed:
  • Li Weining

    (South China University of Technology, Guangzhou, China)

  • Wang Menghan

    (South China University of Technology, Guangzhou, China)

Abstract

This study highlights the role of the shareholding proportion of the largest shareholder in the relationship of top management team (TMT) heterogeneity and corporate innovation performance. Based on a sample of 18 China listed household appliance industry from 2004-2014, the empirical study makes use of a panel smooth transition regression model (PSTR) to investigate the nonlinear relationship. The results show that as the shareholding proportion of the largest shareholder becomes different, a nonlinear transition is found in relationship between TMT heterogeneity and innovation performance.

Suggested Citation

  • Li Weining & Wang Menghan, 2018. "Based on the Equity Structure View of the Relationship between TMT Heterogeneity and Innovation Performance," Conference Proceedings Chapters, in: Kiril Todorov & Kostadin Kolarov (ed.), The International Entrepreneurship: Trends, Challenges, Achievements. Proceedings of the Eighth International Conference, 6 – 9 June 2017, Varna, Bulg, edition 1, chapter 127, pages 263-272, Bulgarian Association for Management Development and Entrepreneurship.
    • Handle: RePEc:mdv:cpchap:y:2017:15
    as

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