A Study on the Correlation between Job Consumption and Performance of Chinese Companies

• 발행기관: 한국무역연구원
• 저자명: Yiwei Wang Shanyue Jin
• 간행물 정보: 『무역연구』제17권 제2호, 109~118쪽, 전체 10쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2021.04.30

영문 초록

Purpose - The purpose of this paper is to explore the relationship between corporate governance structure, job consumption, and firm performance in listed companies in China using a sample of listed companies in Shanghai and Shenzhen from 2014 to 2018. Design/Methodology/Approach - Based on empirical analysis, the paper studies the moderating role of the nature of a company on the relationship between job consumption and firm performance, which finds that in-service consumption has a negative correlation with performance, and it has a greater impact on performance in state-owned corporations. Therefore, we put forward three suggestions, Improving the mechanism of supervision and impose additional restrictions on job consumption, Improving the management salary system and establish a reasonable budget and Improving the management equity incentive mechanism. Findings - The paper finds that job consumption has a certain inhibitory effect on enterprise performance, and job consumption have a greater impact on firm performance in state-owned enterprises. Research Implications - The paper offers a theoretical and empirical framework for further formulating and promoting relevant policies on disclosure, compensation, and incentives for job consumption, which will also provide reference for other scholars’ follow-up research.

목차

Ⅰ. Introduction

Ⅱ. Theoretical Background

Ⅲ. Research Hypotheses

Ⅳ. Research Methodology

Ⅴ. Analysis of Empirical Results

Ⅵ. Conclusions and Suggestions

Ⅶ. Limitations and Contributions

키워드

Corporate Performance Job Consumption Management Power Moderating Effect Nature of Equity