股权集中度、创新投入与企业绩效关系研究 ——基于中国制造业上市公司的经验证据

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桃红 陈
晓明 何

摘要

本研究主要探讨股权集中度、创新投入与企业绩效之间的关系。选取2012至2017年间中国A股主板市场上制造业企业面板数据为研究样本,运用统计分析软件stata 14.0对相关假设进行实证检验。结果表明,股权集中度有效地促进创新投入;创新投入对企业绩效产生积极的影响;创新投入在股权集中度与企业绩效之间起到中介作用。本研究构建了股权治理、创新投入以及企业绩效的整体研究框架,提出并验证创新投入的中介效应,拓展股权治理、公司治理以及创新理论、代理理论等领域的研究。

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