政治纽带还是市场驱动?——上市公司参与国家标准制定制定与生产率
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引用本文:侯俊军1,侯 亚1,王 谦2.政治纽带还是市场驱动?——上市公司参与国家标准制定制定与生产率[J].财经理论与实践,2020,(4):114-121
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侯俊军1,侯 亚1,王 谦2 (1.湖南大学 经济与贸易学院湖南 长沙 4100792.中南大学 商学院湖南 长沙 410083) 
中文摘要:依据2004-2018年中国上市公司数据,考量上市公司参与国家标准制定对生产率的影响,以及政治关联和市场竞争力所发挥的调节效应。结果表明:上市公司参与国家标准制定能显著提升其生产率,且这种影响存在持续性;官员型政治关联和市场竞争力分别具有显著的正向调节作用,并且官员型政治关联的调节作用比市场竞争力的调节作用更强;代表型政治关联则不具有显著的调节作用。
中文关键词:国家标准  生产率  政治关联  市场竞争力
 
Political Connection or Market Driven?——Listed Companies Participate in National Standards and Productivity
Abstract:This article takes the panel data of Chinese listed companies from 2004 to 2018 as the research object, and empirically analyzes the impact of listed companies' participation in the formulation of national standards on productivity, and the regulatory effects of political linkages and market competitiveness. The results show that the participation of listed companies in the formulation of national standards can significantly improve their productivity, and this effect is persistent. The political association of officials and the market competitiveness have significant positive moderating effects respectively, and the moderating effect of the political association of officials is stronger than that of the market competitiveness. Representational political association has no significant moderating effect.
keywords:national standard  productivity  political connection  market competitiveness
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