家族涉入、政治联系与中国私营企业绩效研究  

A Study on Family Involvement,Political Connections,and the Performance of Chinese Private Enterprises

作　　者：王积超 陈楠 张现苓 WANG Ji-chao;CHEN Nan;ZHANG Xian-ling(School of Society and Psychology,Central University of Finance and Economics,Beijing 100089,China)

机构地区：[1]中央财经大学社会与心理学院,北京100089

出　　处：《黑龙江社会科学》2023年第4期63-73,F0002,188,共13页Social Sciences in Heilongjiang

摘　　要：近年来,家族涉入、制度环境和政治联系对企业绩效影响的研究受到越来越多学者的关注。本文利用2016年中国私营企业调查数据,采用多元线性回归模型,研究了家族管理权涉入、所有权涉入以及政治联系对中国私营企业绩效的影响。研究结果表明,家族管理权涉入与中国私营企业的经济绩效呈负相关,而家族所有权涉入和政治联系则具有显著的正效应。基于实证分析结果,中国民营企业应采取以下措施提高企业绩效:一是适度弱化家族对企业的管理权涉入和控制程度;二是制定和完善各种激励及惩戒制度,规避家族成员在企业管理中的不守规则和“搭便车”获利行为;三是根据发展需要建构政治联系,营造良好的政企关系。In recent years,research on the impact of family involvement,institutional environment,and political connections on corporate performance has received increasing attention from scholars.This article uses data from the 2016 survey of Chinese private enterprises and adopts a multiple linear regression model to study the impact of family management involvement,ownership involvement,and political connections on the performance of Chinese private enterprises.The research results indicate that the involvement of family management rights is negatively correlated with the economic performance of Chinese private enterprises,while the involvement of family ownership and political connections have a significant positive effect.Based on empirical analysis results,Chinese private enterprises should take the following measures to improve corporate performance:Firstly,moderately weaken the involvement and control of family management rights in the enterprise;The second is to develop and improve various incentive and disciplinary systems to avoid family members’irregular behavior and“free riding”profit-making behavior in enterprise management;The third is to construct political connections based on development needs and create good government enterprise relationships.

关 键 词：家族涉入 政治联系 私营企业绩效 

分 类 号：C912[经济管理]