Can technological diversity drive firm resilience? Evidence from Chinese listed firms

被引:0
|
作者
Ran, Rong [1 ]
Zhang, Jie [1 ]
Yang, Xiaoran [1 ]
Chen, Yejing [1 ]
机构
[1] Chongqing Univ, Sch Publ Policy & Adm, Chongqing 400044, Peoples R China
关键词
Technological Diversity; Firm Resilience; Intangible Resources; Managerial Ability; Political Connections; MANAGERIAL ABILITY; MODERATING ROLE; ORGANIZATIONAL RESILIENCE; POLITICAL CONNECTIONS; FINANCIAL PERFORMANCE; STRATEGIC ANALYSIS; INTANGIBLE ASSETS; DIVERSIFICATION; INNOVATION; RESOURCES;
D O I
10.1016/j.jbusres.2024.114852
中图分类号
F [经济];
学科分类号
02 ;
摘要
Based on the resource-based view, this study explores the impact of technological diversity on firm resilience in the context of various challenges and risks faced by firms. This study was conducted based on panel data of Chinese listed firms from 2009 to 2021 using a multidimensional fixed-effects model. Results reveal that technological diversity, as a people-independent intangible resource, positively affects firm resilience. This effect is achieved through the mediating effects of product, customer, and market diversity. Meanwhile, as people- dependent intangible resources, managerial ability positively moderates the relationship between technological diversity and firm resilience, whereas political connections negatively moderate the relationship between technological diversity and firm resilience. This study deepens the understanding of the effects of technological resources on firm resilience and complements the issue of the relationship between intangible resources and firm resilience.
引用
收藏
页数:22
相关论文
共 50 条
  • [21] Internal Control Opinion, Corporate Governance, and Firm Value: Evidence From Chinese Listed Firms
    Yu Ruijuan
    Guo Xuemeng
    Cai Jiali
    [J]. PROCEEDINGS OF INTERNATIONAL SYMPOSIUM - MANAGEMENT, INNOVATION & DEVELOPMENT (MID2014), 2014, : 170 - 175
  • [22] Corporate governance and firm value: Evidence from Chinese state-controlled listed firms
    Leung, Noel W.
    Cheng, Mei-Ai
    [J]. CHINA JOURNAL OF ACCOUNTING RESEARCH, 2013, 6 (02) : 89 - 112
  • [23] Leadership and firm value among couples in charge: Evidence from Chinese listed family firms
    Wu, Na
    Xia, Xinping
    Li, Yuguo
    [J]. PACIFIC ECONOMIC REVIEW, 2023, 28 (03) : 409 - 445
  • [24] Corporate governance and firm value: Evidence from Chinese state-controlled listed firms
    Noel W.Leung
    Mei-Ai Cheng
    [J]. China Journal of Accounting Research, 2013, 6 (02) : 89 - 112
  • [25] Does digital transformation drive enterprise green investment? Evidence from Chinese listed firms
    Zhang, Shuainan
    Lai, Yancheng
    Li, Haidong
    Wang, Shanyong
    Ru, Xingjun
    [J]. JOURNAL OF ENVIRONMENTAL PLANNING AND MANAGEMENT, 2024,
  • [26] University Spillovers, Spatial Distance, and Firm Innovation: Evidence at Chinese Listed Firms
    Li, Xiaoying
    Li, Jinling
    Wu, Xinjie
    [J]. EMERGING MARKETS FINANCE AND TRADE, 2020, 56 (07) : 1504 - 1519
  • [27] Does Board Gender Diversity Really Improve Firm Performance? Evidence from Greek Listed Firms
    Arvanitis, Stavros E.
    Varouchas, Evangelos G.
    Agiomirgianakis, George M.
    [J]. JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2022, 15 (07)
  • [28] Is Textual Tone Informative or Inflated for Firm's Future Value? Evidence from Chinese Listed Firms
    Wu, Dong Xiao
    Yao, Xiao
    Guo, Jian Luan
    [J]. ECONOMIC MODELLING, 2021, 94 : 513 - 525
  • [29] The mediating role of investor confidence on ESG performance and firm value: Evidence from Chinese listed firms
    Tang, Hua
    Xiong, Langyu
    Peng, Ru
    [J]. FINANCE RESEARCH LETTERS, 2024, 61
  • [30] Corporate Social Responsibility, Environmental Product Innovation and Firm Performance: Evidence from Chinese Listed Firms
    Ning, Lutao
    Pan, Xin
    Xu, Xuhong
    [J]. 2017 IEEE TECHNOLOGY & ENGINEERING MANAGEMENT SOCIETY CONFERENCE (TEMSCON), 2017, : 350 - 359