企业竞争战略能影响劳动收入份额吗——基于文本分析法的经验证据  

Can Enterprise Competitive Strategy Affect Labor Income Share——Empirical Evidence Based on the Text Analysis Method

作　　者：李维安[1,2] 张伟 朱宇翔 LI Wei-an;ZHANG Wei;ZHU Yu-xiang(School of Business Administration,Dongbei University of Finance and Economics,Dalian 116012;China Academy of Corporate Governance,Nankai University,Tianjin 300071;School of Accountancy,Yunnan University of Finance and Economics,Kunming 650221,China)

机构地区：[1]东北财经大学工商管理学院,辽宁大连116012 [2]南开大学中国公司治理研究院,天津300071 [3]云南财经大学会计学院,云南昆明650221

出　　处：《山西财经大学学报》2024年第9期100-113,共14页Journal of Shanxi University of Finance and Economics

基　　金：国家自然科学基金项目(72174096);国家社会科学基金项目(23BGL016)。

摘　　要：竞争战略是企业建立竞争优势的重要依靠,对企业的经营发展产生深远影响。通过分析年报文本构建企业竞争战略指标,检验竞争战略选择对企业劳动收入份额的影响。结果发现,相比于成本领先战略,采取差异化战略的企业具有更高的劳动收入份额。进一步研究发现,差异化战略对企业劳动收入份额的影响主要通过促使企业技术升级和优化人力资本结构来实现。横截面分析发现,差异化战略对企业劳动收入份额的影响在管理层短视主义较弱和劳动密集型的企业中更显著。经济后果检验发现,差异化战略通过提高劳动收入份额进而提高了企业的未来绩效。Competitive strategy is a crucial basis for firms to establish competitive advantages,exerting a profound impact on their operations and development.This paper constructed enterprise competitive strategic indicators by analyzing annual report texts,and examined the effect of strategic choices on the labor income share of enterprises.The results showed that,compared to cost leadership strategies,enterprises adopting differentiation strategies had higher labor income shares.Further research found that,the impact of differentiation strategies on labor income share was mainly achieved by promoting technological upgrading and optimizing the human capital structure.Cross-sectional analysis revealed that the effect of differentiation strategies on labor income share was more significant in firms with weaker managerial myopia and in labor-intensive industries.The economic consequence test found that the differentiation strategy improved the future performance of enterprise by increasing share of labor income.

关 键 词：竞争战略 劳动收入份额 技术升级 人力资本结构 企业绩效 

分 类 号：F270[经济管理—企业管理]