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两家或者两家以上的连锁董事,组成庞大社会网络,一方面,淡化了企业与企业之间的边界,组织与组织之间的行为受到连锁董事的影响,趋于一致;另一方面,社会网络的存在带来信息资源的共享,增强组织之间的行为学习,进而影响信息披露的内容。基于信息观,股价同步性的程度能够反应公司特质的信息,表现为同步性越高,反映在股价上的特质信息越少,反之越多。连锁董事网络信息的传播,对组织间信息披露的行为影响重大,体现在股价同步性上,这种效果是怎样的变化,无论对理论的完善,还是实践的更好实施,都具有巨大的促进作用。
Two or more chain directors, forming a huge social network, on the one hand, played down the border between businesses and businesses, the behavior of organizations and organizations by the chain of influence of directors, tend to be consistent; the other hand, the community The existence of the network brings about the sharing of information resources and enhances the behavior learning among the organizations, thus affecting the content of information disclosure. Based on the concept of information, the degree of stock price synchronization can reflect the information of the company’s trait. The higher the degree of synchronization, the less the trait information reflected in the stock price, and vice versa. The dissemination of online information by chain directors has great influence on the behavior of information disclosure among organizations. This is reflected in the synchronization of stock prices. What is the effect of this effect is a great promotion both in theory improvement and in practice. effect.