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3715子公司绩效反馈会影响母公司调整对子公司的管理体制吗？基于公司行为理论，以2009—2017年上市公司数据为样本，本文实证分析发现，绩效反馈可以作为母公司是否赋予子公司自主决策权的参照点：当经营绩效低于期望水平时，子公司自主决策权降低，当经营绩效高于期望水平时，子公司拥有较高的自主决策权。当经营绩效低于期望水平时，母公司根据子公司是否具有自主变革能力调整对子公司的管控力度：相较于财务状况良好或者资源冗余子公司，母公司对存在破产风险或者资源缺乏子公司的管控力度更大。进一步研究发现，母公司对负向绩效反馈子公司的管控有利于提高子公司创新绩效，相较于子公司资源冗余，母公司根据子公司财务状况调整对其的管控力度对子公司创新绩效影响更大。
子公司绩效反馈、变革能力与自主决策权
摘要
参考文献
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引用本文
郑丽, 陈志军, 赵月皎. 子公司绩效反馈、变革能力与自主决策权[J]. 外国经济与管理, 2020, 42(1): 126-139.
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