英美CEO风险认知话语对企业绩效的预测建模研究
发布时间：2018-01-17 00:00
本文关键词：英美CEO风险认知话语对企业绩效的预测建模研究 出处：《对外经济贸易大学》2016年博士论文 论文类型：学位论文
【摘要】：企业年度报告中的风险信息披露是企业高层管理者向投资者传递风险管理过程和结果相关信息的重要媒介,值得关注和研究。以往研究主要关注企业风险决策行为,对企业风险认知的话语特征研究鲜有涉及。因此,本研究结合话语评价理论和公司治理相关理论,通过跨学科视角考察英美知名企业CEO风险认知话语,主要回答两个问题,第一,话语是否反映企业CEO的风险认知。第二,话语是否能够通过CEO风险认知预测到企业绩效。本研究建立CEO风险认知话语研究的操作模型和指标体系,尝试运用功能评价理论评价标记语、认知隐喻理论隐喻载体词、短语学语义韵搭配作为CEO风险认知的话语评价指标。尝试运用职业评价指标任职年限、年收入、企业规模作为CEO风险认知的治理评价指标,将这两类评价指标纳入同一个评价系统框架内考察其对CEO风险认知的预测力。在此基础上,进一步考察话语评价指标如何通过CEO风险认知预测企业绩效。本研究语料为12个行业的56家英美知名企业年度报告中的风险信息披露文本,建立总容量约300万词的CEO风险认知话语语料库。首先,采用多种语料库工具提取体现CEO风险认知的话语评价指标。其次,采用结构方程建模方法考察各类话语评价指标是否直接或间接反映CEO风险认知,以及话语评价指标是否通过治理评价指标反映CEO风险认知。最后,采用多元回归分析考察绩优与绩差企业CEO使用的话语评价指标是否存在差异,并在此基础上运用结构方程建模方法考察话语评价指标是否能够通过CEO风险认知预测到企业绩效。本研究得出以下三个结论:第一,CEO评价话语反映CEO风险认知。三类话语评价指标通过不同路径直接或间接反映CEO风险认知。就直接效应而言,三类话语评价指标对CEO风险认知的直接效应依次为“语义韵评价”、“隐喻评价”和“词汇评价”;就间接效应而言,a)“词汇评价”指标通过“隐喻评价”指标对“CEO风险认知”产生间接效应;b)“语义韵评价”指标通过“隐喻评价”指标对“CEO风险认知”产生间接效应;c)“词汇评价”指标通过“语义韵评价”指标中介,间接影响“隐喻评价”指标,再对“CEO风险认知”产生间接效应。第二,话语评价指标通过治理评价指标对CEO风险认知产生间接效应。“词汇评价”、“隐喻评价”、“语义韵评价”指标对“CEO风险认知”除了有直接的预测力外,还通过治理评价指标中介对“CEO风险认知”产生间接效应:a)“词汇评价”指标通过“职业评价”指标中介,对“CEO风险认知”产生间接效应;b)“隐喻评价”指标通过“职业评价”指标中介,对“CEO风险认知”产生间接效应;c)“语义韵评价”指标通过“职业评价”指标中介,对“CEO风险认知”产生间接效应;d)“词汇评价”指标通过“语义韵评价”指标和“隐喻评价”指标中介,间接影响“职业评价”指标,再对“CEO风险认知”产生间接效应。独立样本T检验结果进一步证明,不同任职年限、不同年收入、不同企业规模的CEO使用的评价标记语和隐喻载体词存在差异,语义韵搭配无显著差异。第三,绩优与绩差企业CEO使用的话语评价指标存在差异,而且,话语评价指标通过CEO风险认知,直接或间接反映出绩优和绩差企业CEO的评价话语特征。“词汇评价”直接和间接通过“隐喻评价”和“职业评价”两类指标的中介作用,反映出绩优和绩差企业的评价话语特征。企业效益越差,CEO风险认知话语中评价标记语出现的频率越高。“隐喻评价”直接和间接通过“职业评价”指标的中介作用,反映出绩优和绩差企业的评价话语特征。企业效益越好,CEO风险认知话语中隐喻载体词出现的频率越高。本研究在理论、方法论和实践上做出了以下贡献。理论方面,第一,提出CEO风险认知话语可能预测企业绩效的理论假设;第二,创建了CEO风险认知话语三维评价框架;第三,构建出风险认知话语反映CEO风险认知的理论模型。方法论方面,第一,采用结构方程建模验证话语与企业绩效的关系;第二,采用多种语料库方法提取CEO话语评价指标;第三,采用定量、定性混合研究设计全面考察CEO风险认知话语。实践方面,第一,CEO风险认知话语的研究成果可以应用到商务英语教学与研究中;第二,对中国企业建立与国际接轨的风险话语体系有借鉴作用;第三,为观察和了解企业绩效提供了更多信息源。本研究今后可以在评价话语指标、研究样本、研究方法方面加以改进和拓展。
[Abstract]:Companies in the annual report of the risk information disclosure is an important medium for business executives to investors transfer risk management process and results of relevant information, worthy of attention and study. Previous studies mainly focus on the risk decision-making behavior of enterprises, discourse features of the enterprise risk perception research rarely involved. Therefore, this study combines discourse evaluation theory and corporate governance the related theory, through the interdisciplinary perspective of Anglo American well-known enterprise CEO risk perception discourse, mainly to answer two questions, first, whether the words reflect the enterprise CEO risk perception. Second, whether the discourse can predict the enterprise performance by CEO. The operation risk perception model and index system of CEO risk perception discourse developed in this study, try to using the function evaluation theory evaluation markers, the cognitive theory of metaphor metaphor carrier words, phrases collocation semantic prosody as CEO risk perception. Try to use the language evaluation index. Evaluation index of occupation tenure, annual income, enterprise scale as the evaluation index of CEO governance risk perception, the two kinds of evaluation index into the same evaluation system within the framework of the risk of CEO cognitive predictors. On this basis, further study of discourse evaluation index by CEO risk perception predict enterprise performance. This research corpus of risk disclosure text 12 sectors of the 56 Anglo American well-known enterprises in the annual report, the CEO risk perception discourse corpus to build a total capacity of about 3 million words. First, the evaluation index of CEO extraction of discourse risk perception using a variety of corpus tools. Secondly, effects of various types of discourse evaluation index whether directly or indirectly reflect CEO risk perception using structural equation modeling, and discourse evaluation whether through governance evaluation index to reflect the CEO risk perception. Finally, analysis and evaluation index of blue chip discourse underperformance companies use CEO whether there are differences in using multiple regression, and based on the use of structural equation modeling to study discourse evaluation index can predict whether the enterprise performance by CEO risk perception. This research draws the following three conclusions: first, the CEO CEO evaluation discourse reflects risk perception. Three types of discourse evaluation directly or indirectly reflect CEO risk perception through different paths. The direct effect, the direct effect of three types of discourse evaluation index on CEO risk cognition are "semantic prosody evaluation", "evaluation of metaphor" and "vocabulary evaluation"; indirect effect, a) "vocabulary evaluation index by" metaphor "evaluation indicators have indirect effect on CEO risk perception; b)" semantic prosody evaluation index through the metaphor of "evaluation" index of "CEO risk awareness" Have indirect effect; c) vocabulary evaluation index through the "semantic prosody evaluation" index intermediary, indirect effect "metaphor evaluation index", and then have an indirect effect on CEO risk perception. "Second words, evaluation indexes have indirect effect on CEO risk perception through the evaluation of corporate governance." vocabulary evaluation "," evaluation of metaphor "," semantic prosody evaluation "index of" CEO risk perception "in addition to predict directly, but also through the intermediary governance evaluation index have indirect effect on CEO risk perception: a)" vocabulary evaluation index through the "occupation evaluation index" intermediary, have indirect effect on CEO risk perception; b) metaphor of "evaluation" index through the "occupation evaluation index" intermediary, have indirect effect on CEO risk perception; c) "semantic prosody evaluation index through the" occupation evaluation index of "CEO" intermediary, risk perception" Indirect effect; d) vocabulary evaluation index through the "semantic prosody evaluation index and metaphor of" evaluation "index intermediary, indirect effect" occupation evaluation index ", and then have an indirect effect on CEO risk perception. Independent samples T test results further proved that different office term, different income, different enterprises the scale of the use of CEO markers and evaluation of metaphor carrier words are differences, semantic prosody collocation has no significant difference. Third, blue chip and poor performance evaluation index system of enterprise CEO using discourse differences, and discourse evaluation index by CEO risk perception, directly or indirectly reflect the discourse features and performance evaluation of blue chip enterprise CEO." vocabulary evaluation "directly and indirectly through the mediating role of metaphor evaluation" and "occupation" evaluation of two types of indicators, evaluation reflects the discourse features of poor corporate performance. And the blue chip enterprise benefit is poor, CEO Risk perception discourse markers evaluation appear more frequently. The metaphor of "evaluation" directly and indirectly through the mediating role of occupation evaluation index, evaluation reflects the discourse features of poor corporate performance. And the blue chip enterprise benefit better, CEO risk of cognitive metaphor in discourse carrier of the word frequency is higher in this study. The theory, methodology and practice has made the following contributions. First, theoretical aspects, and put forward the hypothesis of CEO risk perception discourse may predict firm performance; second, create a CEO risk evaluation framework of 3D cognitive discourse; third, establish a risk cognitive discourse reflects the theoretical model of CEO risk perception. The methodology aspect, first, the the relationship between structural equation modeling and verification of discourse and corporate performance; second, using a variety of evaluation index extraction CEO discourse corpus method; third, using quantitative, qualitative research on comprehensive study of CE mixed design The risk of O cognitive discourse. In practice, the first, research results of CEO risk perception discourse can be applied to English teaching and research business; second, there is a reference to the Chinese enterprises to establish risk discourse system and international standards; third, to observe and understand the performance of enterprises to provide more information sources. This research in the future the evaluation index of the study sample, discourse, to improve and expand the research methods.
【学位授予单位】：对外经济贸易大学
【学位级别】：博士
【学位授予年份】：2016
【分类号】：H313
，
本文编号：1435375
本文链接：https://www.wllwen.com/shoufeilunwen/rwkxbs/1435375.html
