管理学刊2025，Vol.38Issue(1)：35-47,13.DOI:10.19808/j.cnki.41-1408/F.2025.0003
注册制改革对企业劳动收入份额的影响研究
Research on the Impact of Registration System Reform on the Labor Income Share of Enterprises:Empirical Evidence from A-share Listed Companies
摘要
Abstract
With the full implementation of the registration system reform in my country,the capital market has ushered in unprecedented structural changes.Using the data of companies that were listed on the A-share market for the first time from 2019 to 2022,the impact of the registration system reform on the labor income share of enterprises and its mechanism of action are examined based on capital structure theory and multivariate regression model.The study found that the registration system reform significantly increased the labor income share of enterprises.The mechanism test showed that the registration system reform can promote enterprise technological innovation and narrow the salary gap,thereby increasing the labor income share of enterprises.Further analysis found that the registration system reform has a more significant effect on the improvement of the labor income share of enterprises under the conditions of poor stock liquidity,low corporate governance level and the science and technology innovation board of enterprises.On the one hand,the above research enriches the relevant research content of the registration system reform and the labor income share of enterprises,and on the other hand,it provides policy recommendations for the government and enterprises to implement the registration system under different market environments.关键词
注册制改革/技术创新/薪酬差距/企业劳动收入份额Key words
registration system reform/technological innovation/salary gap/labor income share of enterprises分类
管理科学引用本文复制引用
董小红,赵传杰..注册制改革对企业劳动收入份额的影响研究[J].管理学刊,2025,38(1):35-47,13.基金项目
国家社会科学基金项目(21BJY260) （21BJY260）
财政部"会计名家培养工程"项目(财会[2023]3号) （财会[2023]3号）
