上海管理科学2017，Vol.39Issue(5)：51-56,6.
中国企业全要素生产率与国有资本配置研究——以纺织行业为例
Research on TFP of Chinese Enterprises and Allocation of State Owned Capital-the Textile Industry as an Example
摘要
Abstract
Based on the data of Chinese textile firms,we find out that managers of state-owned enterprises (SOEs) show lower level of efforts comparing with private enterprises managers due to ambiguous property right of SOEs,which in turn reduce firms' TFP.In terms of the reform of SOEs,we show that current method of encouraging private capital to invest in SOEs has limit effects on increasing TFP because of private capital not having controlling stake and divergent interests between SOE managers and private capital providers.We innovatively present the idea that state-owned capital injects into private enterprises and proves that the injection of state-owned capital could expand the scale of private enterprises and therefore increase TFP.Finally,we provide some advice for the problems that may emerge during the enforcement of the reform.关键词
全要素生产率/国企改革/资本配置/股权结构Key words
total factor productivity/state-owned enterprises/capital allocation/ownership structure分类
管理科学引用本文复制引用
刘乐,卓建伟..中国企业全要素生产率与国有资本配置研究——以纺织行业为例[J].上海管理科学,2017,39(5):51-56,6.基金项目
国家自然科学基金(71673186). （71673186）
