民营制造业企业绩效的影响因素分析——基于上市公司福耀玻璃的实证检验  

Factors Affecting the Performance of Private Manufacturing Enterprises——Empirical Test Based on a listed company of Fuyao Glass

作　　者：黄彩云[1] HUANG Cai-yun(Chengyi College,Jimei University,Xiamen 361021,China)

机构地区：[1]集美大学诚毅学院,厦门361021

出　　处：《长春工程学院学报（社会科学版）》2023年第2期53-56,共4页Journal of Changchun Institute of Technology(Social Sciences Edition)

基　　金：2020年福建省中青年教师教育科研项目(社科类)“新形势下福建省民营企业自主创新发展动力机制研究”(项目编号:JAS20534)。

摘　　要：民营制造业企业已经成为发展我国经济的中流砥柱。从理论上分析政府补贴、研发支出、股权集中度、负债率对民营制造业企业绩效产生显著的影响,并进一步通过案例分析法对福耀玻璃企业绩效影响因素进行实证检验,发现研发支出、股权集中度对民营制造业企业有显著的正向作用,并且股权集中度的影响系数要大于研发支出,政府补贴、负债率没有对民营制造业企业绩效产生显著的正向影响,究其原因,主要是因为政府补贴结构不合理和企业总资产收益率偏低并且呈下降趋势导致的,据此提出相应的发展对策。Private manufacturing enterprises have become the mainstay of China’s economic development.This paper theoretically analyzes that government subsidies,R&D expenditure,equity concentration and debt ratio with a significant impact on the performance of private manufacturing enterprises,and further empirically tests the factors affecting the performance of Fuyao Glass Enterprises through case analysis.It is found that R&D expenditure and equity concentration have a significant positive effect on private manufacturing enterprises,Moreover,the influence coefficient of equity concentration should be greater than R&D expenditure.Government subsidies and debt ratio have no significant positive impact on the performance of private manufacturing enterprises.The main reasons are the unreasonable structure of government subsidies and the low and declining rate of return on total assets.Finally,the corresponding development countermeasures are put forward.

关 键 词：民营制造业 企业绩效 影响因素 回归分析 

分 类 号：F271[经济管理—企业管理] F425[经济管理—国民经济]