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

Li Weining () and Wang Menghan ()
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Li Weining: South China University of Technology, Guangzhou, China
Wang Menghan: South China University of Technology, Guangzhou, China

Chapter 2017-15 in The International Entrepreneurship: Trends, Challenges, Achievements. Proceedings of the Eighth International Conference, 6 – 9 June 2017, Varna, Bulgaria, 2018, pp 263-272 from Bulgarian Association for Management Development and Entrepreneurship

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.

Keywords: TMT heterogeneity; shareholding proportion of the largest shareholder; innovation performance; PSTR (search for similar items in EconPapers)
Date: 2018
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