| 提高生产率成长率的三种外部因素分析 |
| |
| 引用本文： | 胡铭. 提高生产率成长率的三种外部因素分析[J]. 海南大学学报(人文社会科学版), 2005, 23(4): 443-447 |
| |
| 作者姓名： | 胡铭 |
| |
| 作者单位： | 中南财经政法大学,工商管理学院,湖北,武汉,430060 |
| |
| 摘 要： | 通过对500家上市公司的实证分析发现,产品竞争、金融压力和股东控制这三种外部因素同企业生产率成长率存在一定程度的正相关关系。垄断租金与价值增加值之比同企业生产率成长率负相关;利息支付额与现金流量之比同生产率成长率正相关;存在占支配地位的大股东控制会导致更高的生产率成长率。同时,也有证据显示金融压力和股东控制这两个因素能够替代产品竞争。
|
| 关 键 词： | 生产率成长率 公司治理 产品竞争 负债 股东控制 |
| 文章编号： | 1004-1710(2005)04-0443-05 |
| 修稿时间： | 2005-02-28 |
An Analysis on Three External Factors Improving Productivity Growth Rates in Companies |
| |
| HU Ming. An Analysis on Three External Factors Improving Productivity Growth Rates in Companies[J]. Humanities & Social Sciences Journal of Hainan University, 2005, 23(4): 443-447 |
| |
| Authors: | HU Ming |
| |
| Abstract: | We have found,using data from about 500 companies, that all three of these are associated with some degree of increased productivity growth.More specially,average rents normalized on value-added are negatively related to productivity growth,interest payments normalized on cash flow are positively related to future productivity growth and firms with a dominant external shareholder from the financial sector have higher productivity growth rates.Furthermore,there is some evidence to suggest that the last two factors can substitute for competition. |
| |
| Keywords: | Productivity Growth Corporate Governance Productivity Competition Debt Shareholder control |
| 本文献已被 CNKI 维普 万方数据 等数据库收录！ |
