摘要
当前,劳动力已成为企业的重要资产,研究企业劳动力投资的影响因素并优化劳动力配置富有理论和现实意义。从供应商-客户关系视角探究企业劳动力投资的影响因素以及供应商集中度影响企业劳动力投资的作用机制,实证研究发现:供应商集中度越高,企业的劳动力投资规模越小;企业融资约束更严重(或风险更高)时,供应商集中度与企业劳动力投资规模的负相关关系更强,而且供应商集中度越高,企业的融资约束越严重、企业风险水平更高,说明融资约束和企业风险是供应商集中度影响企业劳动力投资的两种作用机制。此外,基于供应商集中度对企业劳动力技能的影响进行研究,发现供应商集中度的增加会减少各类技能的劳动力投资规模。
The labor force represents a vital asset of enterprises. As such, it is of theoretical and practical significance to study the effect factors of labor investment and optimize the labor force. From the perspective of supplier-customer relationship, this paper discusses what factors affect enterprise labor investment and in what ways these factors influence enterprise labor investment. Empirical research shows that: the higher the concentration of suppliers, the smaller the scale of labor investment;and the more serious the financial constraints of enterprises, the stronger the negative correlation between the concentration of suppliers and the scale of labor investment. When the risk of enterprises goes higher, the negative correlation between the concentration of suppliers and the scale of labor investment becomes stronger. Moreover, the higher the concentration of suppliers, the more serious the financing constraints and the higher the level of enterprise risk. The foregoing results suggest that financing constraints and enterprise risk are two mechanisms that influence the labor investment of enterprises through the concentration of suppliers. Furthermore, by studying the impact of the concentration of suppliers on enterprise labor skills, this paper finds that the increase of supplier concentration will reduce the scale of labor investment for various skills.
作者
李小荣
张丽男
LI Xiao-rong;ZHANG Li-nan(School of Public Finance&Taxation,Central University of Finance&Economics,Beijing 102206,China;ZHONGCAI-CSCI Pengyuan Local Finance Investment&Funding Research Institute,Beijing 102206,China)
出处
《厦门大学学报（哲学社会科学版）》
CSSCI
北大核心
2021年第2期150-162,共13页
Journal of Xiamen University(A Bimonthly for Studies in Arts & Social Sciences)
基金
国家自然科学基金项目“利率市场化与企业劳动力投资:影响、作用机制与综合效果”(71972192)
教育部霍英东教育基金会资助项目“CEO权力、股价崩盘风险与股价同步性”(161077)。
关键词
供应商集中度
劳动力投资
融资约束
企业风险
劳动经济学
concentration of suppliers
labor investment
financing constraints
enterprise risk
labor economics
