西部地区制造企业服务化转型与企业绩效关系研究--基于公司治理调节效应  

A Study on the Relationship between Service-oriented Transformation and Corporate Performance of Manufactur⁃ing Enterprises in Western Region—Based on the Moderating Effect of Corporate Governance

作　　者：谢品[1] 李梅兰 黄高榕 

机构地区：[1]广西大学工商管理学院

出　　处：《广西经济》2024年第5期16-29,共14页GUANGXI ECONOMY

基　　金：国家社会科学基金项目“我国现代服务业与先进制造业融合发展的统计测度及路径优化研究”(22BTJ052)。

摘　　要：西部地区制造企业服务化转型不仅关乎制造业的转型升级,还关乎中国经济的平衡健康发展。然而,已有研究在制造企业的服务化转型和企业绩效之间的关系上还未取得一致结论。文章选取2018—2023年中国西部地区406家上市制造企业的面板数据,实证研究制造企业服务化转型、公司治理与企业绩效三者的关系,研究结果表明:制造企业服务化转型与企业绩效之间呈U形关系;公司治理对制造企业服务化转型与企业绩效之间的U形关系具有正向的调节效应,使得U形曲线形态更加陡峭。进一步分析发现,相较于大企业,小企业中未能发现公司治理的调节效应。研究揭示了制造企业服务化转型与企业绩效之间的复杂关系,丰富了制造企业服务化转型相关研究。The servitization transformation of manufacturing enterprises in China’s western region is not only related to the transformation and upgrading of the manufacturing industry,but also related to the balanced and healthy development of China’s economy.Howerer,the relationship between servitization and performance in manu-facturing firms has not yet been consistently concluded.A panel data of 406 listed manufacturing firms in Western China from 2018—2023 is selected to empirically study the relationship between servitization,corporate gover-nance,and performance of manufacturing firms.The results of the study show that:there is a U-shaped relationship between servitization and performance in manufacturing firms;corporate governance has a positive moderating effect on the U-shaped relationship between servitization and performance of manufacturing firms,resulting in a steeper U-shaped curve pattern.Further analysis reveals that the moderating effect of corporate governance is not found in small firms compared to large firms.The research reveals the complex relationship between servitization transforma-tion and firm performance,enriching the study on servitization transformation in manufacturing firms.

关 键 词：服务化转型 企业绩效 公司治理 

分 类 号：F426[经济管理—产业经济]