统一大市场背景下资本跨区域流动对物流企业经营效率的影响  

The Impact of Capital Flows Across Regions on the Operating Efficiency of Logistics Enterprises in the Context of a Unified National Market

作　　者：周铂桁 殷皓洲 Zhou Boheng;Yin Haozhou(School of Accounting,Guizhou University of Finance and Economics,Guiyang Guizhou 550025)

机构地区：[1]贵州财经大学会计学院,贵州贵阳550025

出　　处：《山东纺织经济》2024年第7期17-22,共6页Shandong Textile Economy

摘　　要：资本跨区域流动是区域和产业经济发展的重要驱动因素,但鲜有研究关注到企业如何获益于资本跨区域流动的问题。以物流企业为对象,研究以设立异地子公司为形式的企业资本跨区域流动对经营效率的影响,利用2010-2022年上市物流企业数据发现:(1)物流企业设立异地子公司有助于降低交易成本,实现规模效应,提高企业自身的经营效率;(2)对处于非流通节点地区的物流企业而言,该提高作用更明显。研究表明,物流企业资本跨区域流动有助于弥补地区间流通基础设施的短板,在响应国家战略对现代流通业跨区域均衡发展要求的同时,也在一定程度上破解物流企业面临的低效运营难题,实现了多方共赢。Capital flow across regions is an important driver of regional and industrial economic development,but few studies have focused on how enterprises benefit from capital flows across regions.The logistics enterprises are taken as an object,the impact of cross-regional flows of corporate capital in the form of the establishment of cross-location subsidiaries on operational efficiency is studied,the data of listed logistics enterprises from 2010-2022 is taken,and it is found that:(1)the establishment of cross-location subsidiaries by logistics enterprises helps to reduce the transaction costs,realize the scale effect,and improve the operational efficiency of the enterprises themselves;(2)for the logistics enterprises located in the region of non-distribution nodes,the improvement effect is more obvious.The study shows that the cross-regional flow of capital of logistics enterprises helps to make up for the shortage of inter-regional circulation infrastructure,and while responding to the requirements of the national strategy for the cross-regional balanced development of the modern circulation industry,it also cracks the inefficient operation problems faced by logistics enterprises to a certain extent,realizing a win-win situation for all parties.

关 键 词：资本跨区域流动 跨区域投资 经营效率 异地子公司 物流企业 

分 类 号：F270[经济管理—企业管理]