Proceedings of the 2024 International Conference on Artificial Intelligence and Digital Management (ICAIDM 2024)

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Parent-subsidiary Relationship, Risk-taking and Subsidiary Innovation Performance: Empirical Evidence from Chinese Listed Companies

Authors
Xiaojing Wang1, *, Yanyi Liu1, Xiuzhi He2, Rui Fan1
1Business School, University of Jinan, Jinan, China
2School of Management Science and Engineering, Dongbei University of Finance and Economics, Dalian, China
*Corresponding author. Email: sm_wangxiaojing@ujn.edu.cn
Corresponding Author
Xiaojing Wang
Available Online 1 December 2024.
DOI
10.2991/978-94-6463-578-2_5How to use a DOI?
Keywords
parent-subsidiary relationship; risk-taking; innovation performance
Abstract

As a distinctive communication and coordination mechanism of enterprise groups, the parent-subsidiary relationship has an impact on the innovation performance of subsidiaries. With the data of Chinese A-share listed subsidiaries from 2016 to 2020, we discuss the parent-subsidiary relationship from two dimensions: executive linkage and business linkage, testing respectively their influence mechanism on the innovation performance of subsidiaries, and examing the mediating role of subsidiaries’ risk-taking ability. The empirical study indicates that the parent-subsidiary relationship positively affects the risk-taking ability of subsidiaries, and subsequently enhances the innovation performance of subsidiaries. The results provide management implications into developing technological innovation strategies for sustainable development.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 International Conference on Artificial Intelligence and Digital Management (ICAIDM 2024)
Series
Advances in Intelligent Systems Research
Publication Date
1 December 2024
ISBN
978-94-6463-578-2
ISSN
1951-6851
DOI
10.2991/978-94-6463-578-2_5How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xiaojing Wang
AU  - Yanyi Liu
AU  - Xiuzhi He
AU  - Rui Fan
PY  - 2024
DA  - 2024/12/01
TI  - Parent-subsidiary Relationship, Risk-taking and Subsidiary Innovation Performance: Empirical Evidence from Chinese Listed Companies
BT  - Proceedings of the 2024 International Conference on Artificial Intelligence and Digital Management (ICAIDM 2024)
PB  - Atlantis Press
SP  - 26
EP  - 32
SN  - 1951-6851
UR  - https://doi.org/10.2991/978-94-6463-578-2_5
DO  - 10.2991/978-94-6463-578-2_5
ID  - Wang2024
ER  -