基于现有研究考察大股东参与度对企业自主创新的影响，并揭示不同企业文化对上述关系的影响差异。此外，探究大股东与经理人间信任对大股东参与度，及进一步对企业自主创新的影响。运用182家中国企业的调研数据进行实证分析，结果表明：大股东参与度负向影响自主创新；信任程度与大股东参与度间存在U型关系；大股东参与度中介信任程度与自主创新间的倒U型关系。研究结果还表明，官僚型文化可以弱化大股东参与度对自主创新的负向影响，论证了官僚型文化对企业创新的积极作用。

Based on the existing research, this paper explores how the large stockholders involvement affects independent innovation, and reveals the moderating effect of corporate culture. Besides, this paper discusses the effect of trust between large stockholders and managers on large stockholders involvement, and the effect of trust on independent innovation. This paper explores the relationships using data from 182 Chinese firms, and the empirical findings show that large stockholders involvement has a significant negative effect on independent innovation; the relationship between trust and large stockholders involvement is U-shaped; and large stockholders involvement intermediates the inverted U-shaped relationship between trust and independent innovation. The results also show that bureaucratic culture can weaken the negative effect between large stockholders involvement and independent innovation, and demonstrate the bureaucratic culture can play a positive role in firm’s innovation.