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Does the technology background of the Party Committee Secretary affect firm's innovation efficiency? Evidence from listed state-owned enterprises in China

机译：党委书记的技术背景是否会影响公司的创新效率？来自中国上市国有企业的证据

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With the increasing emphasis of the government on the importance of Party organisations in China's state-owned enterprises (SOEs), we need to pay more attention to its role in the operation of enterprises. As the research on board of directors emphasises the central position of the chairman, this paper focuses on the top leader of the Party organisation, namely the Party Committee Secretary. Based on upper echelon theory, this paper proposes the relationship between the technology background of a Party Committee Secretary and firm's innovation efficiency, and how this relationship is moderated by position duality and environment dynamism. Using the data of China's listed SOEs which issue A-shares in Shenzhen and Shanghai stock exchanges from 2014 to 2016 and operate in the manufacturing industry, the main effect and moderating effects are tested. We find that the existence of a Party Committee Secretary with technology background positively affects the SOE's innovation efficiency. In addition, this relationship is strengthened by environment dynamism. Our conclusions not only enrich literature about upper echelon theory and determinants of firm's innovation, but also are helpful for improving corporate governance in developing countries.
机译：随着政府越来越强调，对中国国有企业（国有企业）的重要性，我们需要更加关注其在企业运营中的作用。由于对董事会的研究强调了主席的核心地位，本文重点介绍党组织的最高领导者，即党委书记。基于上层梯队理论，本文提出了党委秘书和公司创新效率的技术背景关系，以及如何通过点击性与环境动态主持这种关系。利用中国上市国有企业的数据从2014年至2016年到2016年至2016年向深圳和上海证券交易所发出股份，并在制造业中运作，主要效果和调节效果进行了测试。我们发现，党委书记有技术背景的存在积极影响SOE的创新效率。此外，这种关系是由环境活力加强的。我们的结论不仅丰富了较高梯队理论和公司创新的决定因素的文献，而且有助于改善发展中国家的公司治理。

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