, 1, 2
5830 
10270企业战略变革对保持持续竞争优势至关重要，但理论界对战略变革能否促进企业绩效一直存在争议。本研究聚焦于企业演化理论，从资源依赖和社会网络角度进行阐述，探索企业战略变革对短期绩效的影响。运用上市公司2008—2012年连锁董事全网络数据，对2 055家公司进行实证检验，结果发现：（1）由于企业演化过程具有路径依赖特征，企业战略变革对短期绩效有消极作用；（2）企业内部丰富的冗余资源为企业战略变革提供了资源“缓冲”作用，有效缓解了战略变革对企业短期绩效的负面影响；（3）异质性行业连接为企业偏离行业主流战略提供了异质性资源支持，有效缓解了战略背离对企业短期绩效的消极作用；（4）同质性行业连接为企业偏离自身战略提供了相对稳定的行业内部环境，有效缓解了战略变动对企业短期绩效的消极作用；（5）董事会互动频率越高，越有利于企业高效利用蕴含在网络中的资源，从而有效缓解战略变动对企业短期绩效的消极作用。本研究为企业战略变革和短期绩效的现实困惑提供了基于实践和理论的双重指导作用。
“嵌入性”视角下企业战略变革与短期变革绩效关系研究
摘要
参考文献
1 陈运森. 董事网络与独立董事治理[M]. 北京: 经济科学出版社, 2013.
4 吴晓波, 许冠南, 杜健. 网络嵌入性: 组织学习与创新[M]. 北京: 科学出版社, 2011.
6 叶康涛, 张姗姗, 张艺馨. 企业战略差异与会计信息的价值相关性[J]. 会计研究,2014, (5): 44-51, 94 DOI:10.3969/j.issn.1003-2886.2014.05.005
7 于东智, 池国华. 董事会规模、稳定性与公司绩效: 理论与经验分析[J]. 经济研究,2004, (4): 70-79 DOI:10.3969/j.issn.1009-0657.2004.04.023
8 周建, 刘小元, 覃彦玲, 等. 董事会战略委员会与企业绩效的相关性研究[J]. 山西财经大学学报,2008, (8): 62-69 DOI:10.3969/j.issn.1007-9556.2008.08.011
10 Beckman C M, Haunschild P R. Network learning: The effects of partners’ heterogeneity of experience on corporate acquisitions[J]. Administrative Science Quarterly,2002, 47(1): 92-124 DOI:10.2307/3094892
11 Bourgeois L J. On the measurement of organizational slack[J]. Academy of Management Review,1981, 6(1): 29-39 DOI:10.5465/amr.1981.4287985
13 Burt R S. Brokerage and closure: An introduction to social capital[M]. New York: Oxford University Press, 2005.
14 Burt R S. Structural holes: The social structure of competition[M]. Cambridge: Harvard University Press, 1992.
15 Chowdhury S D, Lang J R. Turnaround in small firms: An assessment of efficiency strategies[J]. Journal of Business Research,1996, 36(2): 169-178 DOI:10.1016/0148-2963(95)00119-0
16 Cui A S, Calantone R J, Griffith D A. Strategic change and termination of interfirm partnerships[J]. Strategic Management Journal,2011, 32(4): 402-423 DOI:10.1002/smj.881
17 Finkelstein S, Hambrick D C. Top-management-team tenure and organizational outcomes: The moderating role of managerial discretion[J]. Administrative Science Quarterly,1990, 35(3): 484-503 DOI:10.2307/2393314
18 Geletkanycz M A, Hambrick D C. The external ties of top executives: Implications for strategic choice and performance[J]. Administrative Science Quarterly,1997, 42(4): 654-681 DOI:10.2307/2393653
19 Granovetter M. Economic action and social structure: The problem of embeddedness[J]. American Journal of Sociology,1985, 91(3): 481-510 DOI:10.1086/228311
20 Granovetter M S. The strength of weak ties[J]. American Journal of Sociology,1973, 78(6): 1360-1380 DOI:10.1086/225469
21 Haynes K T, Hillman A. The effect of board capital and CEO power on strategic change[J]. Strategic Management Journal,2010, 31(11): 1145-1163 DOI:10.1002/smj.v31:11
22 Hillman A J, Withers M C, Collins B J. Resource dependence theory: A review[J]. Journal of Management,2009, 35(6): 1404-1427 DOI:10.1177/0149206309343469
23 Inkpen A C, Tsang E W K. Social capital, networks, and knowledge transfer[J]. Academy of Management Review,2005, 30(1): 146-165 DOI:10.5465/amr.2005.15281445
26 Koenig T, Gogel R, Sonquist J. Models of the significance of interlocking corporate directorates[J]. American Journal of Economics and Sociology,1979, 38(2): 173-186 DOI:10.1111/ajes.1979.38.issue-2
27 MacKay R B, Chia R. Choice, chance, and unintended consequences in strategic change: A process understanding of the rise and fall of northco automotive[J]. Academy of Management Journal,2013, 56(1): 208-230 DOI:10.5465/amj.2010.0734
28 Markóczy L, Li S S, Peng M W, et al. Social network contingency, symbolic management, and boundary stretching[J]. Strategic Management Journal,2013, 34(11): 1367-1387 DOI:10.1002/smj.2013.34.issue-11
29 Marsden P V, Campbell K E. Measuring tie strength[J]. Social Forces,1984, 63(2): 482-501 DOI:10.1093/sf/63.2.482
30 Mintzberg H, Shakun M F. Strategy formulation--introduction to a grouping on strategy formulation[J]. Management Science,1978, 24(9): 920-920 DOI:10.1287/mnsc.24.9.920
31 Wu L Y, Wang C J, Chen C P, et al. Internal resources, external network, and competitiveness during the growth stage: A study of taiwanese high-tech ventures1[J]. Entrepreneurship Theory and Practice,2008, 32(3): 529-549 DOI:10.1111/j.1540-6520.2008.00239.x
32 Zhang Y, Rajagopalan N. Once an outsider, always an outsider? CEO origin, strategic change, and firm performance[J]. Strategic Management Journal,2010, 31(3): 334-346 DOI:10.1002/smj.v31:3
引用本文
朱丽, 陈春花, 刘超. “嵌入性”视角下企业战略变革与短期变革绩效关系研究[J]. 外国经济与管理, 2018, 40(11): 73-88.
导出参考文献，格式为：
