Skip to main content

Corporate organizational capital, strategic proactiveness and firm performance: An empirical research on Chinese firms

Abstract

Organizational capital is an institutional arrangement in a firm’s production and management activities, which helps integrate all resources in the firm and affect the firm’s strategic choice and performance. This paper classifies organizational capital into three subtypes, namely power orientated capital, norm orientated capital and knowledge orientated capital. Moreover, strategic proactiveness is also brought into this influencing process. Results show that strategic proactiveness fully mediates the effect of power orientated capital on firm performance, but partially mediates that of norm orientated capital. It is also found that neither power nor norm orientated capital affects innovative performance, whereas knowledge orientated capital affects directly both financial performance and innovative performance. The significance of this research is to provide a meaningful supplement to the theory of decision-making-process for the top management team. Suggestions on how to cultivate organizational capital are provided for Chinese enterprises.

摘要

组织资本是企业生产经营和맜理活动中的一种制度安排, 这种制度安排能够整合企业内外的所有资源, 从而影响企业战略选择与绩效。 首先把组织资本划分为权力资本、规则资本与知识맜理资本三种形式, 并把战略前瞻性引入了该影响过程发现权力资本完全通过战略前瞻性的中介作用而对企业经营绩效产生影响, 规则资本部分通过战略前瞻性的中介作用而对经营绩效产生影响, 但以上两者都没有对创新绩效产生影响。 而知识资本直接对经营绩效与创新绩效都产生了影响。 分析结果对于企业高层맜理团队的决策过程理论进行了补充, 并对中国企业的组织资本建设提供了指南。

References

  1. Adizes I (1989). Corporate Life Cycles: How and Why Corporations Grow and Die and What to Do About It. NJ: Prentice Hall

    Google Scholar 

  2. Aoki M (2001). Toward a Comparative Institutional Analysis. MA: The MIT Press

    Google Scholar 

  3. Armstrong J S, Overton T S (1977). Estimating non response bias in mail survey. Journal of Marketing Research, 14(3): 396–402

    Article  Google Scholar 

  4. Argyris C, Schön D A (1978). Organizational Learning: A Theory of Action Perspective. Reading, MA: Addison-Wesley

    Google Scholar 

  5. Barney J (1991). Firm resource and sustained competitive advantage. Journal of Management, 17: 99–120

    Article  Google Scholar 

  6. Baron R M, Kenny D (1986). The moderator-mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations. Journal of Personality and Social Psychology, 51(6): 1173–1182

    Article  Google Scholar 

  7. Bartlett C, Ghoshal S (2003). Transnational Management: Test and Cases. 4th Edition. Irwin: McGraw-Hill

    Google Scholar 

  8. Boeker W (1989). Strategic change: The effects of foundation and history. Academy of Management Journal, 32(3): 489–515

    Article  Google Scholar 

  9. Boeker W (1997). Strategic change: The influence of managerial characteristics and organizational growth. Academy of Management Journal, 40(1): 152–170

    Article  Google Scholar 

  10. Boyd B K, Gove S, Hitt M (2005). Construct measurement in strategic management research: Illusion or reality? Strategic Management Journal, 26: 239–257

    Article  Google Scholar 

  11. Champy J (2002). 企业 X 再造 (X-engineering the Corporation). 北京 中信出版社

    Google Scholar 

  12. Chandler A D (1962). Strategy and Structure. New York: Doubleday

    Google Scholar 

  13. Chan W K, Mauborgne R (2005). 蓝海战略 (Blue Ocean Strategy). 北京: 商务印书馆

    Google Scholar 

  14. Chen C, Lee S, Stevenson H W (1995). Response style and cross-cultural comparisons of rating scales among East Asian and North American students. Psychological Science, 6:170–175

    Article  Google Scholar 

  15. Collins J, Pollas J (2002). 基业长青 (Built to Last: Successful Habits of Visionary Companies). 北京: 中信出版社

    Google Scholar 

  16. Cybert R M, March J G (1963). A Behavioral Theory of the Firm. Englewood Cliffs, NJ: Prentice Hall

    Google Scholar 

  17. Drucker P (1954). Practice of Management. NY: HarperCollins Publishers

    Google Scholar 

  18. Eriksen B, Mikkelsen J (1996). Competitive advantage and the concept of core competence. In Foss N J, Knudsen C (eds.), Towards a Competence Theory of the Firm. London: Routledge

    Google Scholar 

  19. Farh J L, Cheng B S (1999). A cultural analysis of paternalistic leadership in Chinese organizations. In Li J T, Tsui A S, Weldon E (eds.), Management and Organizations in China: Current Issues and Future Research Directions: 84–127. London: Macmilan

    Google Scholar 

  20. Farh J L, Zhong C B, Organ D W (2004). Organizational citizenship behavior in the People’s Republic of China. Organizational Science, (3): 241–253

  21. Hair J F H, Anderson R E, Tatham R L, Black W C (1997). Multivariate Data Analysis (Fifth Edition). NJ: Prentice-Hall

    Google Scholar 

  22. Hambrick D C, Mason P A (1984). Upper-echelons: The organization as a reflection of its top managers. Academy of Management Review, 9: 193–206

    Article  Google Scholar 

  23. Hamel G, Prahalad C K (1989). Strategic intention. Harvard Business Review, 67(3): 63–78

    Google Scholar 

  24. He Z L, Wong P K (2004). Exploration vs. exploitation: An empirical test of the ambidexterity hypothesis. Organizational Science, 15(4): 481–494

    Article  Google Scholar 

  25. Kogut B, Zander U (1995). Knowledge, market failure and multinational enterprise: A reply. Journal of International Business Studies, 26(2): 417–426

    Article  Google Scholar 

  26. Kotter J (1985). Power and Influence. NY: Free Press

    Google Scholar 

  27. Lambert D M, Harrington T C (1990). Measuring non-response bias in customer service mail surveys. Journal of Business Logistics, 11(2): 5–25

    Google Scholar 

  28. Leibenstein H (1966). Allocative efficiency versus X-efficiency. American Economic Review, 56(3): 392–415

    Google Scholar 

  29. Lu L, Leung K, Koch P T (2006). Managerial knowledge sharing: The role of individual, interpersonal, and organizational factors. Management and Organization Review, 2(1):15–42

    Article  Google Scholar 

  30. March J G (1991). Exploration and exploitation in organizational learning. Organizational Science, 2(1): 71–87

    Article  Google Scholar 

  31. March J G, Simon H A (1958). Organizations. New York: John Wiley

    Google Scholar 

  32. March J, Shultz M, Zhou X G (2005). 规则的动态演变: 成文组织规则的变化 (Dynamic Evolution of Rules: Change of Realized Organizational Rules). 上海: 上海人民出版社

    Google Scholar 

  33. Miles R E, Snow C C (1978). Organizational Strategy, Structure and Process. New York: McGraw-Hill

    Google Scholar 

  34. Nonaka I, Takeuchi H (1995). The Knowledge-creating Company. NY: Oxford University Press

    Google Scholar 

  35. Nelson R R, Winter S G (1982). An Evolutionary Theory of Economic Change. Cambridge: Belknap

    Google Scholar 

  36. Pfeffer J, Leblebici H (1973). The effect of competition on some dimensions of organizational structure. Social Forces, 52: 268–279

    Article  Google Scholar 

  37. Pfeffer J (1998). 用权之道: 机构中的权力斗争与影响 (Managing with Power: Politics and Influence in Organizations). 北京: 新华出版社

    Google Scholar 

  38. Penrose E (1959). The Theory of Growth of the Firm. Oxford: Blackwell

    Google Scholar 

  39. Porter M (1996). What is strategy? Harvard Business Review, 96(6): 3–30

    Google Scholar 

  40. Prescott J, Visscher A (1980). Organizational capital. Journal of Political Economy, 88:446–461

    Article  Google Scholar 

  41. Pugh D S, Hickson D J, Hinings C R, Turner G (1968). Dimensions of organizational structure. Administrative Science Quarterly, 13: 33–47

    Article  Google Scholar 

  42. Pugh D S, Hickson D J, Hinings C R (1969). An empirical taxonomy of structures of work organizations. Administrative Science Quarterly, 14: 115–126

    Article  Google Scholar 

  43. Ruef M (1997). Assessing organizational fitness on a dynamic landscape: An empirical test of the relative inertia thesis. Strategic Management Journal, 18: 837–853

    Article  Google Scholar 

  44. Senge P (1998). 第五项修炼 (The Fifth Discipline). 上海: 三联书店

    Google Scholar 

  45. Schumpeter J (1934). The Theory of Economic Development. Cambridge, MA: Harvard University Press

    Google Scholar 

  46. Sullivan P (2002). 价值驱动的智力资本 (Value-driven Intellectual Capital: How to Convert Intangible Corporate Assets into Market Value). 北京: 华夏出版社

    Google Scholar 

  47. Thompson J D (1967). Organizations in Action. New York: McGraw-Hill

    Google Scholar 

  48. Tomer J F (1987). Organizational Capital: The Path to Higher Productivity and Well-being. New York: Praeger Publishers

    Google Scholar 

  49. Wang H, Law K, Hackett R, Wang D, Chen Z X (2005). Leader-Member exchange as a mediator of the relationship between transformational leadership and followers’ performance and organizational citizenship behavior. Academy of Management Journal, 48(3): 420–432

    Article  Google Scholar 

  50. Weber M (1997). 经济与社会 (economy and society). 北京: 商务印书馆

    Google Scholar 

  51. Witzel M (2002). Builders and Dreamers: The Making and Meaning of Management. NJ: Financial Times and Prentice Hall

    Google Scholar 

  52. 白 红义 (Bai Hongyi) (2006). “只长骨头不长肉”? 苏州模式的 “盛世危言” (Only grows with bone but not flesh? Hazard in the prosperous time of Suzhou economic development mode). http://politics. people. com. cn/B/026/406845.html

  53. 陈 传明 (Chen Chuanming) (1995). 比较企业制度 (Comparative Corporation System). 北京: 人民出版社

    Google Scholar 

  54. 陈 传明 (Chen Chuanming) (2002). 企业战略调整的路径依赖特征及其超越 (Path dependency and surpass of strategic adjustment). 맜理世界, (2): 94–101

  55. 陈 永霞, 贾 良定, 李 超平, 宋 继文, 张 君君 (Chen Yongxia, Jia Liangding, Li Chaoping, Song Jiwen, Zhang Junjun) (2006). 变革型领导、心理授权与员工的组织承诺: 中国情境下的实证研究 (Transformational leadership, psychological empowerment and organizational commitment: An empirical research in China). 맜理世界, (1): 96–106

  56. 李 维安, 李 宝权 (Li Wei’an, Li Baoquan) (2003). 跨国公司在华独资倾向成因分析: 基于股权结构战略的视角 (An analysis of the causes of the tendency to transnational corporations’ solely-funded constituent companies in China: A point of view from the strategy of stock ownership structure), 맜理世界, (1): 59–66

  57. 刘 海建, 陈 传明 (Liu Haijian, Chen Chuanming) (2004). 核心竞争能力的识别: 透视红太阳集团的发展历程 (Identification of core competence: Evidence from the Redsun’s developing process). 맜理世界, (4): 128–136

  58. 刘 海建 (Liu Haijian) (2007). 企业组织结构的刚性特征及对战略变革的影响 (Effects of the organizational structure rigidity on the strategic change). 科学学与科学技术맜理, (3):126–132

  59. 秦 志华 (Qin Zhihua) (2003). 企业变革是如何实现的? (How to realize strategic change). 맜理世界, (10): 121–129

  60. 司 马光 (Sima Guang) (1956). 资治通鉴 (Comprehensive Mirror to Aid in Government). 北京: 中华书局

    Google Scholar 

  61. 王 晨, 茅 宁 (Wang Chen, Mao Ning) (2003). 人力资本转化模型分析 (Model on the transformation of human capitals). 中国工业经济, (5): 86–91

  62. 翁 君奕 (Weng Junyi) (1999). 企业组织资本理论 (Theory of Corporate Organizational Capital). 北京: 经济学科出版社

    Google Scholar 

  63. 吴 晓波 (Wu Xiaobo) (2001). 大败局 (The Big Failure). 杭州: 浙江人民出版社

    Google Scholar 

  64. 易 行健, 杨 碧云, 聂 子龙 (Yi Xingjian, Yang Biyun, Nie Zilong) (2003). 多元化经营战略、核心竞争力框架与股权结构 (Diversification strategy, core competence scheme and stock structure). 南开맜理评论, (2): 55–59

  65. 殷 华方, 鲁 明泓 (Yin Huafang, Lu Minghong) (2004). 中国吸引外商直接投资政策有效性研究 (Research on the validity of Chinese absorbing foreign direct investment). 맜理世界, (1): 39–45, 117

  66. 张 刚 (Zhang Gang) (1997). 企业改革策谈 (Strategy on firm reform). 决策探索, (2): 2–6

  67. 赵 顺龙 (Zhao Shunlong) (2004). 企业组织资本形成研究 (Research on the Formation of Organizational Capital). 哈尔滨: 黑龙江人民出版社

    Google Scholar 

  68. 曾 鸣 (Zeng Ming) (2004). 略胜一筹: 中国企业持续发展的出路 (Only Win a bit: Route of Continuous Development of Chinese Corporate). 北京: 机械工业出版社

    Google Scholar 

Download references

Author information

Affiliations

Authors

Corresponding author

Correspondence to Haijian Liu.

Additional information

__________

Translated and revised from Guanli shijie 管理世界 (Management World), 2007, (5): 83–93

Rights and permissions

Reprints and Permissions

About this article

Cite this article

Liu, H., Chen, C. Corporate organizational capital, strategic proactiveness and firm performance: An empirical research on Chinese firms. Front. Bus. Res. China 3, 1–26 (2009). https://doi.org/10.1007/s11782-009-0001-7

Download citation

Keywords

  • organizational capital
  • strategic proactiveness
  • innovative performance

关键词

  • 组织资本
  • 战略前瞻性
  • 创新绩效