高管限薪方式与国有企业高质量发展  

The Executive Salary Limit Method and the High-quality Development of State-owned Enterprises

作　　者：吴秋生[1] 郑玥臻 WU Qiu-sheng;ZHENG Yue-zhen(School of Accounting,Shanxi University of Finance and Economics,Taiyuan 030012,China)

机构地区：[1]山西财经大学会计学院,山西太原030012

出　　处：《经济问题》2025年第1期70-78,共9页On Economic Problems

基　　金：国家自然科学基金面上项目“国家审计、协同监督与国企资产保值增值”(71872105)。

摘　　要：2009年和2015年中华人民共和国人力资源和社会保障部和国务院国有资产监督管理委员会先后出台了国有企业高管限薪规定,采取了绝对限薪和相对限薪两种不同方式,因此,有必要明晰哪一种方式更有利于促进国有企业高质量发展。以2010—2023年的A股国有企业为样本进行研究,结果表明:与绝对限薪相比,相对限薪更能够促进国有企业高质量发展,且相对限薪程度越高、内部控制质量越高,上述关系越明显。进一步研究发现,相对限薪促进国有企业发展质量提高是通过降低盈余管理、提高创新效率等路径实现的,且这种作用路径在产品市场竞争度高的国有企业和实体国有企业中更明显。研究结论对合理制定和有效实施限薪政策及提高企业内部控制质量,促进国有企业高质量发展具有启示意义。In 2009 and 2015,the Ministry of Human Resources and Social Security and the State-owned Assets Supervision and Administration Commission(SASAC)successively issued salary limit regulations for senior executives of state-owned enterprises,adopting two different methods:absolute salary limit and relative salary limit,Which method can better promote the high-quality development of state-owned enterprises?The study was conducted with a sample of A-share state-owned enterprises from 2010 to 2023.The results show that compared with absolute salary limit,relative salary limit can promote the high-quality development of state-owned enterprises,and the higher the degree of relative salary limit and the higher the quality of internal control,the above relationship is more obvious.Further research finds that the improvement of the development quality of state-owned enterprises is achieved by reducing earnings management and improving innovation efficiency,and it is more obvious in state-owned enterprises with high product market competition and real state-owned enterprises.The conclusions of the study have enlightening significance for the SASAC to reasonably formulate and effectively implement the salary limit regulations,improve the quality of internal control of enterprises,and promote the high-quality development of state-owned enterprises.

关 键 词：绝对限薪 相对限薪 全要素生产率 内部控制质量 

分 类 号：F276.1[经济管理—企业管理]