| Family business is a special type of economic organization in the process of social development,which has become critical force in economic development.In the field of top management team,the research on the management team is a frontier and complex subject in the listed family enterprise,which mainly comes from two aspects of the family firm's definition and the theory research of the top management team.Currently,the research on the family enterprise management team is more but scattered,and not the relationship between family characteristics and strategic choice.In this thesis,the characteristics of the high level management team of family enterprises are analyzed and discussed,and explore its relationship with strategic choice.Through combing and analyzing the existing research results and related literature,firstly,this thesis summarizes the theory of family business definition,family business management team;Secondly,it summarizes relevant theories about characteristics of the family firm's top management team and the strategic choice,the theoretical framework has been constructed.At the same time,the connotation and extension of the relationship between the characteristics of the executive team and the strategic choice of the family firm is also clarified.Based on the above theoretical analysis,this thesis selects seven variables including the average age,average level of education,average professional experience,average tenure,the proportion of family member in the executive team,the degree of relationship between family members,family members serving as chairman or general manager,and constructs a theoretical model of enterprise strategy,then the model of the relationship between the characteristics of the executive team and the strategic choice of the family firm is constructed.The hypothesis of the relationship between the individual variables of executive team and the strategic choice is proposed.Finally,using the SPSS19.0 software proves the hypothesis.This thesis selects listed companies as the research object in A share Shanghai and Shenzhen from 2010 to 2014.It obtains information on the characteristics of the executive team through CSMAR database,the company's official website,Cninfo website etc.and the annual report of the listed family companies.The key words in the annual report determine the enterprise's strategic choice information.In this thesis,Binary Logistic regressionanalysis is used to test the hypothesis.The results show that strategic choice is significantly influenced by the average age,average education level and the proportion of family members of the top management team.The average occupation experience,average tenure,the relationship between family members,family members being chairman or general manager less impact on the strategic choice. |
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