[1]姬新龙,王仕琦.民营经济、企业风险承担与“继创者”成长[J].金融教育研究,2021,(01):53-61.
 JI Xinlong,WANG Shiqi.Private Economy,Enterprise Risk-taking and “Innovative Inheritors” Growth[J].,2021,(01):53-61.
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民营经济、企业风险承担与“继创者”成长()
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《金融教育研究》[ISSN:1006-6977/CN:61-1281/TN]

卷:
期数:
2021年01期
页码:
53-61
栏目:
出版日期:
2021-01-25

文章信息/Info

Title:
Private Economy,Enterprise Risk-taking and “Innovative Inheritors” Growth
文章编号:
2095-0098(2021)01-0053-09
作者:
姬新龙 王仕琦
兰州财经大学 金融学院,甘肃 兰州 730020
Author(s):
JI Xinlong WANG Shiqi
School of Finance,Lanzhou University of Finance and Economics,Lanzhou,Gansu 730020,China
关键词:
民营经济 企业风险 “继创者”
Keywords:
Private economy Enterprise risk “Innovative Inheritors” Growth
分类号:
F124.9
文献标志码:
A
摘要:
当前我国民营经济成绩斐然,民营企业贡献突出,但随着老一辈创业家的逐渐退出,企业代际传承成为社会广泛关注的问题。以2010-2016年A股部分上市家族企业为样本对象,探究继创者介入对企业风险承担水平的影响,分析得知:相比于职业经理人,继创者群体担任CEO的家族企业对待风险的态度更谨慎,继创者和职业经理人如果能够互为补充则效果会更好。与此同时,实证结果也发现继创者受教育水平和学习能力的提高确实能够帮助企业提高抵御风险的能力,但是继创者性别的差异并不会影响企业风险承担水平。
Abstract:
At present,China’s private economy has achieved remarkable progress,and private enterprises have made outstanding contributions.However,with the gradual withdrawal of older generations of entrepreneurs,intergenerational transition has become a widespread concern of the society.Taking part of the 2010-2016 A-share listed family companies as sample objects,this paper explores the impact of the “innovative inheritors” intervention on the risk-taking level of the enterprise.It is analyzed that,as CEO,the “innovative inheritors” group are more cautious about their attitudes toward risk than professional managers,and it would be better if “innovative inheritors” and professional managers can be complementary.At the same time,the empirical results also found that the improvement of the level of education and learning ability of the “innovative inheritors” can indeed help enterprises to improve their ability to withstand risks,but the gender difference of “innovative inheritors” does not affect the level of risk-taking of enterprises.

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备注/Memo

备注/Memo:
收稿日期:2020-03-09
基金项目:国家社科基金后期资助项目“基于风险投资的企业价值增值路径研究”(20FGLB009); 教育部人文社科青年西部项目“混合所有制改革与国有企业资本结构的动态优化研究”(19XJC630008)
作者简介:姬新龙(1982-),男,河南南阳人,博士,副教授,研究方向为金融投资、风险管理。
更新日期/Last Update: 2021-02-10