高绩效工作系统与员工创新行为

高绩效工作系统对员工角色内外行为存在积极影响,然而现有文献关于高绩效工作系统对员工创新行为的影响机制探讨不足。基于以往研究,从个人感知视角探讨高绩效工作系统对员工创新行为的影响。实证研究结果显示:员工感知的高绩效工作系统对其创新行为有积极影响;组织创新氛围、员工感知到的组织对员工发展的投入、组织承诺和创新自我效能感在高绩效工作系统和创新行为之间起中介作用。研究结论可为分析高绩效工作系统对员工行为的影响机制提供理论依据,同时也为组织提升员工创新行为提供一定借鉴。     

高绩效工作系统与员工创新行为——个人感知视角的影响机制

高绩效工作系统对员工角色内外行为存在积极影响,然而现有文献关于高绩效工作系统对员工创新行为的影响机制探讨不足。基于以往研究,从个人感知视角探讨高绩效工作系统对员工创新行为的影响。实证研究结果显示:员工感知的高绩效工作系统对其创新行为有积极影响;组织创新氛围、员工感知到的组织对员工发展的投入、组织承诺和创新自我效能感在高绩效工作系统和创新行为之间起中介作用。研究结论可为分析高绩效工作系统对员工行为的影响机制提供理论依据,同时也为组织提升员工创新行为提供一定借鉴。     

高绩效工作系统如何影响员工创新行为——组织认同与服务型领导的作用

积极促进员工创新行为对企业发展具有重要意义,高绩效工作系统是影响员工创新行为的重要前因变量,但现有文献对其影响机理的研究尚显不足。基于社会交换理论与社会认同理论,运用多层线性模型探究了组织认同在高绩效工作系统与员工创新行为之间的中介作用以及服务型领导的调节作用。研究结果表明,高绩效工作系统对员工创新行为具有显著正向影响,组织认同在高绩效工作系统与员工创新行为之间发挥部分中介作用,服务型领导在高绩效工作系统与员工创新行为之间发挥正向调节作用,服务型领导在高绩效工作系统与组织认同之间也发挥正向调节作用,服务型领导正向调节组织认同在高绩效工作系统与员工创新行为之间的中介效应,即服务型领导水平越高,中介效应越显著。     

青岛啤酒淮海公司"晴雨表"式管理分析

员工满意是企业获得高绩效的基础.本文通过考察青岛啤酒淮海公司实行3年多的员工满意度管理,总结了员工满意度管理在设计、实施及管理上的经验和收获.     

高绩效工作系统与组织公民行为模型构建——PIED和情感承诺的双中介作用

基于以往高绩效工作系统能够积极影响员工角色外行为的结论,通过个体感知视角探索高绩效工作系统对组织公民行为的影响,以及员工发展投入感知和组织情感承诺的中介效用。通过对280份科技型企业员工样本的实证分析得出:①高绩效工作系统对员工组织公民行为具有显著正向影响;②员工发展投入感知、组织情感承诺在高绩效工作系统与组织公民行为间起部分中介作用。在理论上丰富了高绩效工作系统与组织公民行为的相关研究,推动了两者中间机制的研究工作。同时,在实践方面,研究结论可为科技型企业提升其员工组织公民行为提供参考。     

高绩效工作系统与组织公民行为模型构建

基于以往高绩效工作系统能够积极影响员工角色外行为的结论，通过个体感知视角探索高绩效工作系统对组织公民行为的影响，以及员工发展投入感知和组织情感承诺的中介效用。通过对280份科技型企业员工样本的实证分析得出：①高绩效工作系统对员工组织公民行为具有显著正向影响；②员工发展投入感知、组织情感承诺在高绩效工作系统与组织公民行为间起部分中介作用。在理论上丰富了高绩效工作系统与组织公民行为的相关研究，推动了两者中间机制的研究工作。同时，在实践方面，研究结论可为科技型企业提升其员工组织公民行为提供参考。     

基于高绩效工作系统的组织人力资源管理实践

高绩效工作系统(HighPerformanceWorkSystem,HPWS)近几年来开始受到学术界的关注。本文首先对高绩效工作系统的含义进行了总结,分析了高绩效工作系统的组合特征,探讨了高绩效工作系统下的组织员工的招聘与选拔、培训、绩效考核以及薪酬激励等人力资源管理实践。     

知识密集型服务企业高绩效工作系统结构及量表开发

在文献梳理、开放式问卷调查和深度访谈的基础上,汇总和筛选出知识密集型服务企业高绩效工作系统的测量条目。通过金融企业管理者和员工的420份预调研问卷和734份正式调研问卷,采用项目分析、相关分析、探索性和验证性因子分析等方法,探讨了知识密集型服务企业高绩效工作系统的结构维度,开发了知识密集型服务企业高绩效工作系统量表。研究结果显示：①知识密集型服务企业高绩效工作系统具有知识驱动和服务导向的双重特征,其结构包括严格规范的招聘、系统培训、结果和行为双导向的绩效考核、员工激励、人力资源流动、人力资源规划、沟通交流、团队合作8个维度;②知识密集型服务企业高绩效工作系统对市场绩效有显著正向影响。     

一线员工工作满意度的实证研究——以国有商业银行的调查为例

员工工作满意度是人力资源管理中的重要课题。在人力资源成为企业最重要的竞争资源的今天,员工较高的工作满意度将提高员工的工作效率,增进企业管理和谐,最终有利于提高企业竞争能力。     

私营企业更愿意实行现金分红

最近一项研究表明,现金分红在私营企业中仍然是激励高绩效员工的主导形式。在Woddat Work和Vivient Consulting的一项研究中表明,在300名被调查的企业中,将近80％说他们至少实行了一种短期激励计划。而实行这样的短期激励计划的企业中有90％说高绩效员工的工作业绩是通过分红获得回报的。     

The impact of China's millennium labour restructuring program on firm performance and employee earnings1

Around the turn of the century, China experienced perhaps the largest labour restructuring program in the world. This paper uses a new dataset of Chinese industrial enterprises to examine what leads to downsizing, and tries to understand the effects of labour downsizing on firms’ technical efficiency, financial performance and employee wages. We find that downsizing is more prevalent in state‐owned enterprises (SOEs), and is more likely when enterprises are older, larger and have higher excess capacity. For both SOEs and private firms, downsizing is more likely when the prices of their products drop, but private firms respond more dramatically. Moreover, downsizing has serious short‐term costs in terms of total factor productivity (TFP). For mild downsizing, private firms suffer more deterioration in productivity. The distribution of surplus after downsizing is more favourable to labour in SOEs. For severe downsizing, both SOEs and private firms exhibit lower TFP growth with similar magnitudes. Our findings imply that private firms emphasize profit goals, while SOEs place a greater weight on labour protection.     

产权、代理成本和代理效率

本文选择政府管制较少、竞争较为充分的电子电器行业作为研究对象,考察了产权制度与代理成本和代理效率的关系,得到以下结论:(1)在代理成本上,国有产权企业普遍高于混和产权企业,混和产权企业高于个人产权企业;在代理成本差异上,混和产权企业与个人产权企业的差异小于与国有产权企业的差异。(2)长期投资率和职工人数与代理成本呈显著正相关关系,而长期投资率、财务杠杆比率、职工人数等与代理效率呈显著负相关关系。(3)企业规模越大,不同产权的代理成本差异越小;反之代理成本差异越大。(4)随着市场竞争程度的提高,各类产权企业的代理成本都呈现下降趋势,其代理效率呈现提高趋势。我们研究的启示是国有企业改革的突破口应考虑如何降低其代理成本,解决的措施之一是产权改革,尤其是产权多元化的改革,其次是完善对投资和负债及冗员的监督和控制机制,以促进代理成本的降低和代理效率的提高。     

Liquidity Shock,Credit Constraint and the Development of Private vs. State-Owned Enterprises

Based on firm level data for the period of 1998–2007, this paper attempts to explain the growth differences between private enterprises and state-owned enterprises (SOEs) in China, in the context of liquidity shocks, and institutional and financial environments. It is found that (1) when liquidity tightens, the private enterprises face stricter credit constraints than SOEs, which restricts the development of private enterprise; (2) when liquidity becomes abundant, private enterprises face fewer financial limitations and grow much faster than SOEs; (3) the effect of liquidity shocks on the growth rate gap between private enterprises and SOEs has weakened during the period 2002–2007. These findings reveal that the credit discrimination against private enterprises can be mitigated by improving institutional and financial environments, which weaken the effects of liquidity shocks on firm growth.     

You are suffocating me: Firm-level analysis of state-owned enterprises and private investment

Literature on whether government spending crowds out or crowds in the private sector is large, but still without an unambiguous conclusion. Using firm-level data from Ukraine, this paper provides a granular empirical investigation to disentangle the impact of state-owned enterprises (SOEs) on private firm investment in Ukraine—a large transition economy. Controlling for firm characteristics and systematic differences across sectors, the results indicate that the SOE concentration in a given sector has a statistically significant negative effect on private fixed capital formation, and that the impact of SOEs is stronger in those industries in which SOEs have a more dominant presence. These findings imply that private firms operating in sectors with a high level of SOE concentration invest systematically less than businesses that are not competing directly with SOEs.     

公、私制企业效率工资的比较研究

造成国有、私营企业绩效差异的一个很重要原因是二者生产效率的巨大差异。造成国有、私营企业生产效率巨大差异的主要原因是国有企业不能解雇工人的劳动用工制度。国有企业的目标多元化要求其必须对稳定社会就业承担责任,即不能解雇工人,但这给国有企业对工人的管理激励带来很大困难,造成生产效率低下的严重后果。     

The targets of state capitalism: evidence from M&A deals

Over the last decade, particularly after the Great Recession, state-owned enterprises (SOEs) have been expanding their role in the global economy, including through merger & acquisitions (M&As). What are the characteristics of the firms targeted by SOEs? Are they different from firms controlled by private investors? By looking at a unique sample of around 25,000 M&As occurred over the period 2005–2012, we find that only SOEs controlled by means of minority of stakes (state-invested enterprises, SIEs) do not show any statistically significant difference in their targeting strategy compared to private enterprises. Conversely, majority-owned SOEs, and in particular financial SOEs buy lower performing firms compared to private acquirers. We interpret this fact as evidence of the internalization of political objectives by fully controlled and financial SOEs, but not by SIEs.     

Business fixed investment of Chinese manufacturing firms in the post-financial crisis era

ABSTRACT

I document the investment decline of Chinese manufacturing firms after 2011, following the end of the 4 trillion fiscal stimulus program and expansionary monetary policies for combating the 2008–2009 financial crisis. I employ a difference-in-difference strategy to show that state-owned enterprises (SOEs) acted as investment stabilizers. In the post-crisis era, SOEs’ investment rates fell less compared to their private counterparts. Moreover, they had a smaller chance of exiting the market than private firms. In the face of monetary tightening, SOEs enjoyed a much smaller increase in the interest rates of their long-term debts. Although these may fuel the growth of the SOE sector relative to the private sector, and thus raised concerns for capital misallocation, the adverse effect on reallocation was dampened by shadow banking.     

The dynamics of wage determination in Romania

This article examines wage developments in Romania over the last 20 years, discusses the evolving role of government wage policy and structural labour market changes, and analyses the dynamics of the wage determination process. It finds that government wage policy has had a significant demonstration effect on private sector wages, driven mainly by policy decisions over the past few years. The article also finds strong causality from private sector wages to wages in state‐owned enterprises (SOEs) and government. No causality was found for changes in government wages to wages in SOEs or from SOE wages to private sector wages.     

Governments in the market for corporate control: Evidence from M&A deals involving state-owned enterprises

Recent evidence suggests that state-owned enterprises (SOEs) are increasingly taking over other firms. Such domestic or transborder acquisitions are the reverse of privatizations, where SOEs are the target of private investors. The question we ask is whether, because of the specific objectives and risks faced by governments, SOEs deviate from the benchmark of deals involving private firms on both sides of the merger and acquisition (M&A) transaction. To answer this new research question, we focus on a set of firm-level characteristics of the targets and acquirers involved in the deals. We built an original dataset of 31,479 deals in 138 countries drawing from Zephyr and Orbis (Bureau Van Dijk) data. Empirical results of multinomial logit and OLS models show that deals involving SOEs are clearly different from the benchmark of private–private deals. This is mainly due to the greater assets, higher solvency ratios, broader experience of deals, and closer proximity to targets of the acquirers (both public and private) under public–private, public–public, and private–public deals compared to private–private deals.     

混合所有制改革能有效化解国有企业产能过剩吗*

在深化国有企业混合所有制改革的政策背景下,相比于采用正向逻辑来研究国有企业与其他所有制企业产能过剩的成因与化解机制异同,本文通过逆向逻辑构造反事实因果推断,即国有企业经过混合所有制改革身份属性发生变更后产能过剩能否得到化解,来探究国有企业产能过剩的制度性成因。在实证分析中,本文通过PSM—多期DID方法识别了国有企业混合所有制改革对于其产能利用率的政策影响,分析了不同市场结构下国有企业规模对产能利用率影响的非线性关系,明晰了国有企业混合所有制改革化解产能过剩的作用途径,探究了产能过剩的制度性根源与衍生因素之间的传递效应。