数字化转型、资源配置效率与企业内共同富裕OA北大核心CSTPCD

After the completion of a moderately prosperous society in all respects,common prosperity has become an important path for China to realize its second hundred-year goal. The report of the Twentieth National Congress of the Communist Party of China ( CPC ) pointed out that common prosperity is the core concept of socialism. The Third Plenary Session of the 20th CPC Central Committee also pointed out that it is necessary to further deepen the reform in a comprehensive manner,through which the socialist system with Chinese characteristics will be improved and developed,the income distribution system will be improved,and the social security system will be perfected,so as to better adapt to the change of the main contradiction of the Chinese society in the new era,and to promote the common wealth of the whole people to make more obvious and substantial progress. Meanwhile,with the continuous progress of information technology,the digital economy,as an emerging mode of economic development,has profoundly changed the pattern of global productivity and become a key force in reshaping the mode of production and life. As the main body of market forces,the digital transformation of enterprises is a profound and extensive change,which involves the use of big data technology to systematically upgrade the production,operation and management within the enterprise. Compared with the traditional economic model,the mutual integration of digital technology and enterprise operations will promote the high-quality development of enterprises and even the whole industry,but at the same time,it will also cause a certain impact on the labor factor market and affect the distribution pattern of labor income. Therefore,it is of great practical significance to study the impact of enterprise digital transformation on intra-firm income distribution from the perspectives of enterprise's labor income share and internal pay gap,in order to promote the realization of common wealth within the enterprise. Based on a sample of A-share listed companies in China from 2010 to 2022,this paper investigates the impact of digital transformation on intra-firm common wealth at the micro level,and obtains the following research conclusions. (1)Digital transformation significantly improves the share of labor income of firms,but at the same time,it also widens the intra-firm pay gap. This conclusion still holds after a series of robustness tests,indicating that digital transformation brings economic benefits while exacerbating intra-firm inequality. ( 2 ) Mechanism tests show that digital transformation raises firms' labor income share and widens intra-firm pay gaps by stimulating firm innovation and increasing firm total factor productivity. ( 3 ) In the process of digital transformation,the improvement of capital allocation efficiency inhibits the increase of labor income share,which in turn drives the expansion of internal pay gap;on the contrary,the improvement of labor allocation efficiency reinforces the positive increase of labor income share and mitigates the expansion of internal pay gap. (4) With regard to the heterogeneity study,in the process of digital transformation,the labor income share of non-state-owned enterprises,enterprises in the eastern and central regions,high-technology enterprises and manufacturing enterprises increases more significantly;while the internal pay gap in state-owned enterprises,enterprises in the western region and high-technology enterprises widens while the economic benefits brought by digital transformation emerge. It is noteworthy that high-tech firms are not immune to the impact of widening internal pay gaps,despite their outstanding performance in boosting labor income share. In summary,this paper examines the impact of digital transformation on labor income shares and internal pay gaps in firms to clarify the impact of digital transformation on labor income shares and internal pay gaps in firms,and to provide some policy insights for firms to promote common wealth. Therefore,it is suggested that enterprises should seize the opportunity of of digital economy in this era,actively introduce and apply cutting-edge digital technologies,optimize investment decisions,realize effective allocation and value-added capital,pay attention to the rationality of the internal income distribution pattern of the enterprise,improve its compensation system,and strengthen the construction of supervision and constraint mechanisms for management;the government should provide a series of strong support and guaranteeto strengthen the supervision and management of market competition and business environment.