摘要
战略联盟已成为我国企业优化资源配置和获取竞争优势的重要战略机制。本文基于企业参与战略联盟数据,考察企业战略联盟对劳动收入份额的影响。研究发现,企业战略联盟提高了劳动收入份额,主要表现为提升了普通员工的劳动收入份额,对高管收入份额无明显作用;同时,金企联盟、以小联大式联盟对于企业劳动收入份额的提升效果更加显著。机制检验发现,企业战略联盟对劳动收入份额的提升作用主要通过缓解融资约束和促进人力资本结构升级实现;战略联盟对收入份额的提升作用在非国有、劳动密集型和市场竞争程度较高的企业中更显著。本文的研究不仅为企业积极参与战略联盟提供了经验证据,也为增加企业劳动收入份额提供了新的思路。
Strategic alliances have become important mechanisms for companies in China to optimize resource allocation and gain competitive advantages.Based on the data of corporate participation in strategic alliances,this paper examines the impact of corporate strategic alliances on labor income share.The paper finds that corporate strategic alliances increase the labor income share,mainly manifested as an increase in the labor income share of ordinary employees,with no significant effect on the income share of executives.Meanwhile,financial-company alliances and alliances where smaller firms collaborate with larger firms show a more pronounced effect on increasing the labor income share.The mechanism test finds that the effect of corporate strategic alliances on the labor income share is mainly achieved through alleviating financing constraints and promoting the upgrading of human capital structure.The effect of strategic alliances on income share is more significant in non-state-owned enterprises,labor-intensive enterprises,and enterprises with a higher level of market competition.This paper not only provides empirical evidence for companies’active participation in strategic alliances but also offers new insights into increasing the labor income share of enterprises.
作者
管考磊
刘至成
Guan Kaolei;Liu Zhicheng
出处
《证券市场导报》
CSSCI
北大核心
2024年第12期23-32,共10页
Securities Market Herald
基金
国家自然科学基金项目“地方政府财政压力与企业创新:影响因素、传导机制与应对策略”(批准号:72162021)。
