晉升壓力、資本市場效率與產(chǎn)能過剩
發(fā)布時間:2018-02-09 06:01
本文關鍵詞: 晉升壓力 信貸資源配置 產(chǎn)能過剩 資本市場效率 政治透明度 晉升錦標賽 出處:《北京工商大學學報(社會科學版)》2017年01期 論文類型:期刊論文
【摘要】:文章利用2012年世界銀行中國企業(yè)調(diào)查數(shù)據(jù)考察了地方官員晉升壓力對產(chǎn)能過剩的影響,研究結(jié)果表明:產(chǎn)能過剩是以GDP為核心的晉升錦標賽的一系列扭曲性后果之一,地方官員會迫于晉升壓力支持企業(yè)擴大產(chǎn)能,導致產(chǎn)能利用率降低,進而產(chǎn)生產(chǎn)能過剩等問題;此外,資本市場信貸資源配置是地方官員晉升壓力影響企業(yè)產(chǎn)能過剩的中介變量,即地方官員迫于晉升壓力對信貸資源配置的不當干預降低了信貸資源配置效率,并最終導致企業(yè)產(chǎn)能過剩。進一步研究發(fā)現(xiàn),轉(zhuǎn)變傳統(tǒng)的以經(jīng)濟績效為主的官員晉升考核方式,增加環(huán)境保護等社會發(fā)展目標的比重,能夠降低地方官員晉升壓力對產(chǎn)能過剩的影響;而政府透明度的提升,有助于監(jiān)督和制約地方政府的不當經(jīng)濟干預行為,抑制地方官員晉升壓力對產(chǎn)能過剩的影響。
[Abstract]:Based on the data of 2012 World Bank China Enterprise Survey, this paper examines the influence of local official promotion pressure on overcapacity. The results show that overcapacity is one of a series of distorting consequences of the promotion championships with GDP as the core. Local officials will be forced by promotion pressure to support companies to expand capacity, resulting in reduced capacity utilization, resulting in problems such as overcapacity. The allocation of credit resources in capital market is the intermediary variable that the promotion pressure of local officials affects the overcapacity of enterprises, that is, the improper intervention of local officials on the allocation of credit resources under the pressure of promotion reduces the efficiency of the allocation of credit resources. And ultimately lead to overcapacity in enterprises. Further studies have found that changing the traditional way of promoting and assessing officials based on economic performance and increasing the proportion of social development goals such as environmental protection, It can reduce the influence of local officials' promotion pressure on overcapacity, and the increase of government transparency can help to supervise and restrain the improper economic intervention of local government, and restrain the influence of local official's promotion pressure on overcapacity.
【作者單位】: 西南財經(jīng)大學會計學院;
【基金】:國家自然科學基金海外及港澳學者合作研究基金項目“晉升機會、高管行為和公司效率——基于隱性契約和顯性契約的解釋”(71428008) 教育部人文社會科學研究項目“官員腐敗、企業(yè)尋租與政府補貼”(16XJA630001) 西南財經(jīng)大學重大基礎理論研究項目“現(xiàn)行產(chǎn)業(yè)政策與產(chǎn)能過剩關系研究”(JBK161104)
【分類號】:D630.3;F832.5
【相似文獻】
相關期刊論文 前10條
1 李江濤;;“產(chǎn)能過!奔捌渲卫頇C制[J];國家行政學院學報;2006年05期
2 張士銓;;當前的“產(chǎn)能過剩”與國家經(jīng)濟不安全端倪[J];國際關系學院學報;2006年S1期
3 馬旭東;任艷;;產(chǎn)能過剩新動向與管理對策分析[J];學習月刊;2009年16期
4 彭真懷;;清醒認識產(chǎn)能過剩[J];w,
本文編號:1497245
本文鏈接:http://www.sikaile.net/jingjilunwen/jinrongzhengquanlunwen/1497245.html
教材專著