文献类型：期刊文献

中文题名：国有股东能促进参股民营企业人力资本结构升级吗?

英文题名：Can State-owned Shareholders Promote the Upgrading of Human Capital Structure in Private Enterprises?

作者：赵彦锋[1];来培德[1]

第一作者：赵彦锋

机构：[1]河南财经政法大学会计学院,河南郑州450046

第一机构：河南财经政法大学会计学院

年份：2024

卷号：21

期号：1

起止页码：44-55

中文期刊名：南京审计大学学报

外文期刊名：Journal of Nanjing Audit University

收录：;国家哲学社会科学学术期刊数据库;北大核心:【北大核心2023】；

基金：河南省哲学社会科学规划年度项目(2023BJJ003);河南省研究生教育改革与质量提升工程项目(YJS2023JC28);河南省科技厅软科学研究计划项目(232400412039)。

语种：中文

中文关键词：国有参股股东;人力资本结构;社会地位;员工权益保护;劳动收入份额;民营经济

外文关键词：state-owned participating shareholders;human capital structure;social status;protection of employee rights and interests;labor income share;private economy

摘要：以我国沪深A股2011—2021年民营上市公司为对象,考察了国有股东对参股民营企业人力资本结构的影响及机制。研究发现:国有股东能够促进参股民营企业人力资本结构升级;机制与路径分析表明,提升社会地位、加强员工权益保护、增强研发意愿是国有股东改善参股企业人力资本结构的作用机制;国有股东通过挤出低学历及生产人员而优化参股民营企业的人力资本结构;这一影响具有异质性,低政府干预、要素市场发育程度能够正向调节国有参股股东的人力资本效应;经济后果检验发现,国有股东对人力资本结构的积极影响不仅在经营业绩上“做大蛋糕”,而且在要素收入分配中“分好蛋糕”而提升劳动收入份额。研究结论既丰富了混合所有制改革与人力资本升级方面的文献,又为民营企业利用国有资本优化人力资源配置提供借鉴。
This paper studies the influence and mechanism of state-owned shareholders on human capital structure of private enterprises in Shanghai and Shenzhen A-share listed companies from 2011 to 2021.The research shows that state-owned shareholders can promote the upgrading of human capital structure in private enterprises;The mechanism analysis shows that improving the social status,strengthening the protection of employees rights and interests and enhancing the willingness of research and development are the mechanism of improving the human capital structure of state-owned shareholders.From the perspective of function path,the state-owned shareholders optimize the human capital structure of participating private enterprises by squeezing out the low education and production personnel;This effect is heterogeneous.Low government intervention and factor market development can positively adjust the effect of state-owned shareholders on the improvement of human capital structure.Economic outcome test shows that the positive influence of state-owned shareholders on human capital structure can not only“make the cake bigger”in business performance,but also play a role in“dividing the cake”in income distribution pattern.The conclusion not only enriches the literature on mixed ownership reform and human capital upgrading,but also provides reference for private enterprises to optimize the allocation of human resources by using state-owned capital.