| 决策、激励与生产效率——对中国钢铁行业上市公司影响的实证分析 |
| |
| 引用本文： | 白雪洁,张东崴.决策、激励与生产效率——对中国钢铁行业上市公司影响的实证分析[J].财经论丛,2009(3). |
| |
| 作者姓名： | 白雪洁 张东崴 |
| |
| 作者单位： | 南开大学经济与社会发展研究院产业经济研究所,天津,300071 |
| |
| 基金项目： | 南开大学文科科研创新基金 |
| |
| 摘 要： | 随着主要大型钢铁企业相继成功上市,中国钢铁产业开始走向由"大"变"强"之路.现代公司治理中的决策与激励机制,在中国钢铁行业上市公司中如何表现,并对企业的生产效率产生怎样的影响,本文采用随机前沿法(SFA)对28家主要的钢铁行业上市公司进行实证分析得出,整体技术效率水平中等偏上.同时,建立以公司治理结构变量为核心的技术无效率影响模型得出,当前富有激励性的制度安排与相对集权的决策方式对提升钢铁行业上市公司的生产效率具有积极作用.
|
| 关 键 词： | 钢铁行业 上市公司 生产效率 公司治理结构 |
Decision-making,Incentive and Production Efficiency:Empirical Study of Corporate Governance Effects on Production Efficiency of China's Iron and Steel Listed Companies |
| |
| BAI Xue-jie,ZHANG Dong-wei.Decision-making,Incentive and Production Efficiency:Empirical Study of Corporate Governance Effects on Production Efficiency of China's Iron and Steel Listed Companies[J].Collected Essays On Finance and Economics,2009(3). |
| |
| Authors: | BAI Xue-jie ZHANG Dong-wei |
| |
| Institution: | Institute of Industrial Economics;College of Economic and Social Development;Nankai University;Tianjin 300071;China |
| |
| Abstract: | Since the major Chinese iron and steel companies have been listed on stock markets successfully,China's iron and steel industry tends to be stronger rather than bigger.The paper intends to make research on how decision-making and incentive mechanism affect production efficiency.We apply Stochastic Frontier Analysis(SFA) to analyze the production efficiency of 28 major iron and steel companies listed on China's stock markets.Then,we come to the conclusion that the overall production efficiency is at middle p... |
| |
| Keywords: | iron and steel industry listed companies production efficiency corporate governance |
| 本文献已被 CNKI 维普 万方数据 等数据库收录！ |
