한국산업정보학회논문지 (Journal of Korea Society of Industrial Information Systems)

한국산업정보학회 (Korea Society of Industrial Information Systems)
권호 표지
DOI QR코드

DOI QR Code

가족의 경영참여 수준이 기업의 혁신성과에 미치는 영향에 대한 탐색적 연구

Exploratory Study on the Influence on Family Involvement on Corporate Innovation Performance

  • 투고 : 2015.10.16
  • 심사 : 2015.10.27
  • 발행 : 2015.10.31
PDF 다운로드
⟨ 이전 논문 다음 논문 ⟩

초록

가족의 경영참여 유무와 관여정도에 따라서 기업성과에는 매우 상이한 결과를 보여주고 있다. 특히 가족의 경영참여(family involvement)는 일반적으로 문제를 야기하는 것으로 알려져 있으나 일부 경우에는 가족의 경영참여가 높은 기업들이 지속적인 성장을 하고 있는 것 또한 현실이다. 본 논문에서는 가족의 경영참여와 다양한 혁신성과(사내기업가 정신, 급진적 혁신, 그리고 점진적 혁신) 사이의 상관관계를 탐색적으로 확인하는 것에 목적을 두고 있다. 중소 중견기업의 중역들을 대상으로 설문을 진행한 결과, 창업자의 가족이 경영에 참여하고 있는 기업들이 일반적으로 높은 수준의 혁신성과를 보이는 것으로 나타났다. 또한 경영참여 수준도 모든 혁신성과 지표들과 높은 수준의 상관관계를 가지는 것으로 나타났다.

Prior studies have reported equivocal patterns of the results about the relationships between family involvement and firm performance, particularly financial performance. In line with this research trend, this study focuses on non-financial performance that agency costs may marginally influence. tries to identify the relationship between nepotism and the three types of innovation performance, namely corporate entrepreneurship, radical innovation performance, and incremental innovation performance. The results has shown that family involvement is positively correlated with the three types of innovation performance.

키워드

참고문헌

  1. K. Pauwels, J. Silva-Risso, S. Srinivsansan, and D. M. Hannssens, "New Products, sales promotions, and firm value; the case of the automobile industry", Journal of Marketing, Vol. 68, No. 4, pp. 142-156, 2004. https://doi.org/10.1509/jmkg.68.4.142.42724
  2. S. Ross, (1973). The economic theory of agency: The principal''s problem. American Economic Review, Vol. 63, No. 2, pp. 134-139, 1973.
  3. K. M. Eisenhardt, "Agency theory: An assessment and review". Academy of Management Review, Vol. 14, No. 1, pp. 57-74. 1989. https://doi.org/10.5465/AMR.1989.4279003
  4. M. C. Jensen, & W. H. Meckling, "Theory of the firm: Managerial behavior, agency costs, and ownership structure". Journal of Financial Economics, Vol. 3, No. 4, pp. 305-360. 1976. https://doi.org/10.1016/0304-405X(76)90026-X
  5. J. J Chrisman, J. H. Chua, & R. A. Litz, "Comparing the Agency Costs of Family and Non-family Firms: Conceptual Issues and Exploratory Evidence". Entrepreneurship Theory and Practice, Vol. 28, No. 4., pp. 335-354, 2004. https://doi.org/10.1111/j.1540-6520.2004.00049.x
  6. A. Bellow, In praise of nepotism. New York, NY: Random House, 2003.
  7. E. Fama, & M. C. Jensen, "Separation of ownership and control". Journal of Law and Economics, Vol. 26, No. 2. pp. 301-325. 1983
  8. J. S. Ang, R. A. Cole, & J. W. Lin, "Agency costs and ownership structure". Journal of Finance, Vol. 55, No. 1, pp. 81-106. 2000 https://doi.org/10.1111/0022-1082.00201
  9. A. Stewart, "Help one another, use one another: Toward an anthropology of family business". Entrepreneurship Theory & Practice, Vol. 27, No. 4, pp. 383-396. 2003. https://doi.org/10.1111/1540-8520.00016
  10. Z. Wu, "Altruism and the family firm: Some theory. Unpublished master''s thesis, Department of Economics, University of Calgary. 2001
  11. D. Parsons, "The employment relationship: Job attachment, work effort, and the nature of contracts". In O. Ashenfelter & R. Layard (eds.), The Handbook of Labor Economics, 789-848. Amsterdam: North Holland. 1986.
  12. N. Bruce, & M. Waldman, "The rotten kid theorem meets the Samaritan''s dilemma". Quarterly Journal of Economics, Vol. 105, No. 1, pp. 155-165. 1990. https://doi.org/10.2307/2937823
  13. R. Morck, A. Shleifer, & R. Vishny, "Management ownership and market valuation: An empirical analysis". Journal of Financial Economics, Vol. 20, No. 1, pp. 293-316. 1988 https://doi.org/10.1016/0304-405X(88)90048-7
  14. R. Morck, & B. Yeung, "Agency problems in large family business groups". Entrepreneurship Theory & Practice, Vol. 27, No. 4, pp. 367-382. 2003. https://doi.org/10.1111/1540-8520.t01-1-00015
  15. W. S. Schulze, M. H. Lubatkin, & R. N. Dino, "Toward a theory of agency and altruism in family firms". Journal of Business Venturing, Vol. 18, No. 4. pp. 473-490. 2003. https://doi.org/10.1016/S0883-9026(03)00054-5
  16. W. S. Schulze, M. H. Lubatkin, & R. N. Dino & A. K. Buchholtz, "Agency relationships in family firms: Theory and evidence". Organization Science, Vol. 12, No. 2, pp. 99-116. 2001. https://doi.org/10.1287/orsc.12.2.99.10114
  17. D. W. Ewing, "Is nepotism so bad?" Harvard Business Review, Vol. 43, No. 1, pp. 22. 1965.
  18. W. Handler, & K. Kram, "Succession in family firms: The problem of resistance". Family Business Review, Vol. 1, No. 1, pp. 361-381. 1988. https://doi.org/10.1111/j.1741-6248.1988.00361.x
  19. C. Eaton, L. Yuan, & Z. Wu, "Reciprocal altruism and the theory of the family firm". Paper presented at the Second Annual Conference on Theories of the Family Enterprise: Search for a Paradigm, Dec., Philadelphia. Summer, 2002 351
  20. J. Chua, & J. Schnabel, "Nonpecuniary benefits and asset market equilibrium". Financial Review, Vol. 21, No. 1, 185-190. 1986. https://doi.org/10.1111/j.1540-6288.1986.tb01118.x
  21. P. Podsakoff, S. MacKenzie, J. Lee, & N. Podsakoff, "Common Method Biases in Behavioral Research: A Critical Review of the Literature and Recommeded Remedies". Journal of Applied Psychology, Vol. 88, No. 5, pp. 879-903, 2003. https://doi.org/10.1037/0021-9010.88.5.879
  22. R. Chandy, & G. Tellis, "Organizing for Radical Product Innovation: The Overlooked Role of Willingness to Cannibalize." Journal of Markteting Research, Vol. 35, No. 5, pp. 474-488, 1998. https://doi.org/10.2307/3152166
  23. Y. K. Kim, "The Relationship of Market Orientation, Organizational Learning and Innovativeness with New Product Development and Overall Performance," Journal of Korea Industrial Information System Society, Vol. 18, No. 1, pp. 59-70, 2013.
  24. S. Zahra, "Governance, Ownership, and Corporate Entrepreneurship: The Moderating Impact of Industry Technological Opportunities," Academy of Management Journal, Vol. 39, No. 6, pp. 1713-1735, 1996. https://doi.org/10.2307/257076
  25. J. Davis, F. Schoorman, & L. Donaldson, "Toward a stewardship Theory of Management," Academy of Management Review, Vol. 22, No. 1, pp. 20-47, 1997. https://doi.org/10.5465/AMR.1997.9707180258
  26. J. Astrachan, S. Klein, & K. Smyrnios, "The F-PEC scale of family influence: A proposal for solving the Family Business definition problem," Family Business Review, Vol. 15, No. 1, pp. 45-58. 2002. https://doi.org/10.1111/j.1741-6248.2002.00045.x
  27. R. Litz, "The family firm''s exclusion from business school research: Explaining the void, addressing the opportunity," Entrepreneurship Theory & Practice, Vol. 21, No. 3, pp. 55-71. 1997.
  28. P. Sharma, J. Chrisman, & J. Chua, "Strategic management of the family business: Past research and future challenges," Family Business Review, Vol. 10, No. 1, pp. 1-35. 1997. https://doi.org/10.1111/j.1741-6248.1997.00001.x
  29. Y. K. Kim, "Born Global or Not? It May Depend on Psychological Ownwership of Top Executives," Journal of Korea Industrial Information System Society, Vol. 19, No. 6, pp. 119-130, 2014.
  30. Y. K. Kim, "A Empirical Study on the Relationship of Corporate Entrepreneurship with Market Orientation and Competence Enhancement," Journal of Korea Industrial Information System Society, Vol. 18, No. 6, pp. 127-140, 2013. https://doi.org/10.9723/jksiis.2013.18.6.127
  31. L. Gomez-Mejia, K. Haynes, M. Nunez -Nickel, K. Jacobson, & J. Moyano -Fuentes, "Socioemotional wealth and business risks in family-controlled firms: Evidence from Spanish olive oil mills." Administrative science quarterly, Vol. 52, No. 1, pp. 106-137, 2007. https://doi.org/10.2189/asqu.52.1.106
  32. J. Campbell, L. Gomez-Mejia, R. Hoskisson, G, Martin, M. Makri, & D. Sirmon,"Socio-emotional Wealth as a Mixed Gamble: Revisiting Family Firm R&D Investments with the Behavioral Agecy Model." Entrepreneurship Theory and Practice, Vol. 38, No. 6, pp. 1351-1374, 2014. https://doi.org/10.1111/etap.12083
  33. J. C. Nunally, & I. H. Bernstein, Psychometric Theory(3rd ed.). New York; McGraw-hill, 1994.

피인용 문헌

  1. Corporate Entrepreneurship in Korea: Review and Future Research Directions vol.20, pp.2, 2015, https://doi.org/10.17786/jsm.2017.20.2.001