管理层能力与企业绩效——基于产权性质的调节效应  

Managerial Ability and Enterprise Performance-Based on the Moderating Effect of Property Rig

作　　者：丰琼英 罗玉波 FENG Qiongying;LUO Yubo(School of Economic Management,Guangdong University of Petrochemical Technology,Maoming 525000,China)

机构地区：[1]广东石油化工学院经济管理学院,广东茂名525000

出　　处：《广东石油化工学院学报》2025年第2期76-80,共5页Journal of Guangdong University of Petrochemical Technology

基　　金：茂名市哲学社会科学规划项目(2023GJ03,2023YB07);广东石油化工学院博士启动项目(2023bsqd1011,2023bsqd1010)。

摘　　要：文章以2010-2021年我国A股上市公司的16580个相关财务数据样本为依托,旨在剖析管理层能力与企业绩效的关系。研究主要运用DEA-Tobit两阶段模型对管理层能力进行测算,构建回归模型,实证检验管理层能力对企业绩效的影响,并分析产权异质性对管理层能力与企业绩效关系的调节作用。实证结果表明,我国A股上市公司管理层能力对企业绩效呈显著正向推动作用,这一正向促进效果在非国有企业中表现更为显著。Based on 16580 relevant financial data samples of A-share listed companies in China from 2010 to 2021,this study aims to analyze the relationship between managerial ability and enterprise performance.The research mainly uses the DEA-Tobit two-stage model to measure managerial ability,constructs a regression model,empirically tests the impact of managerial ability on enterprise performance,and analyzes the moderating effect of property rights heterogeneity on the relationship between managerial ability and enterprise performance.The empirical results show that managerial ability of A-share listed companies in China has a significant positive promoting effect on enterprise performance,and this positive promoting effect is more significant in non-state-owned enterprises.

关 键 词：管理层能力 企业绩效 DEA-TOBIT模型 产权性质 

分 类 号：F272.3[经济管理—企业管理]