财经论丛 ›› 2025, Vol. 41 ›› Issue (8): 100-111.

• 工商管理 • 上一篇    下一篇

家族控制视角下数字化转型对企业全要素生产率的影响研究

陈灿君1, 吕乐琳2,3, 许长新4   

  1. 1.南京邮电大学社会与人口学院,江苏 南京 210023;
    2.金陵科技学院建筑工程学院,江苏 南京 211112;
    3.中国矿业大学安全科学与工程学院,江苏 徐州 221116;
    4.河海大学商学院,江苏 南京 211100
  • 收稿日期:2024-07-03 出版日期:2025-08-10 发布日期:2025-08-07
  • 作者简介:陈灿君(1996—),男,湖北黄冈人,南京邮电大学社会与人口学院讲师;吕乐琳(1995—),女,河南周口人,金陵科技学院建筑工程学院讲师,中国矿业大学安全科学与工程学院博士后;许长新(1963—),男,江苏扬州人,河海大学商学院教授。
  • 基金资助:
    南京邮电大学引进人才科研启动基金项目(NYY223033);江苏高校哲学社会科学研究一般项目(2024SJYB0106);国家社会科学基金一般项目(23BJY097)

A Study on the Impact of Digital Transformation on Total Factor Productivity from the Perspective of Family Control

CHEN Canjun1, LV Lelin2,3, XU Changxin4   

  1. 1. School of Sociology and Population Studies, Nanjing University of Posts and Telecommunications, Nanjing 210023, China;
    2. School of Architectural Engineering, Jinling Institute of Technology, Nanjing 211112, China;
    3. School of Safety Engineering, China University of Mining and Technology, Xuzhou 221116, China;
    4. Business School of Hohai University, Nanjing 211100, China
  • Received:2024-07-03 Online:2025-08-10 Published:2025-08-07

摘要: 在高质量发展成为时代主旋律的背景下,数字化转型正以前所未有的速度和深度重塑企业组织模式。然而,家族企业以其独特的家族和企业双重属性,在数字化转型中的适应性和创新性仍未被充分揭示。基于对我国上市家族企业2011—2021年面板数据的实证分析,本研究围绕资源和能力的视角系统探讨家族控制对数字化转型赋能企业全要素生产率的影响机制。结果发现,家族对股权和管理权的控制程度越高,越会显著弱化数字化转型对企业全要素生产率的提升作用。机制检验显示,家族的控制模式从不同方式影响着数字化转型与企业全要素生产率的关系。家族股权控制和管理权控制的增加会分别通过削弱资源配置效率和抑制动态能力提升来降低数字化转型对企业全要素生产率的赋能作用。进一步研究发现,与企业动态能力相比,家族企业在数字化转型中对资源的需求更大,资源的充分性更能促进数字化转型对全要素生产率的正向影响,揭示了资源充裕程度在家族企业数字化转型中的关键作用。本研究拓展了以往仅探究家族企业数字化转型意愿前置因素的研究视角,为家族企业在数字化转型浪潮中选择高效治理模式提供了实践启示。

关键词: 家族企业, 数字化转型, 全要素生产率, 资源配置, 动态能力

Abstract: With high-quality development becoming the main theme of the era, digital transformation is reshaping corporate organizational models at an unprecedented speed and depth. However, family businesses, with their unique dual attributes of family and enterprise, have not yet fully revealed their adaptability and innovativeness in digital transformation. Based on an empirical analysis of panel data from the listed family firms in China between 2011 and 2021, this study systematically explores the impact mechanism of family control on the digital transformation's empowerment of total factor productivity (TFP) from the perspective of resources and capabilities. The research finds that the higher the family's control over equity and management, the more significantly it weakens the effect of digitalization on improving TFP. Mechanism testing shows that as equity control increases, it weakens resource allocation efficiency, while an increase in management control suppresses the enhancement of dynamic capabilities, thus limiting the enabling effect of digital technologies. Further research reveals that, compared with dynamic capabilities, family businesses' digital transformation places a greater demand on resources, and the sufficiency of resources plays a key role in promoting the positive impact of digitalization on TFP. This study expands previous research which focused solely on the antecedents of family enterprises' willingness to undergo digital transformation and provides practical insights for family businesses to choose effective governance models in the wave of digital transformation.

Key words: Family Business, Digital Transformation, Total Factor Productivity, Resource Allocation, Dynamic Capability

中图分类号: