科技型企业人力资本激励机制对财务价值创造力影响研究

发布时间：2018-03-15 00:28

本文选题：人力资本激励机制　切入点：企业增值　出处：《哈尔滨商业大学》2017年硕士论文　论文类型：学位论文

【摘要】：在全球资本市场自由化和组织运营复杂化的背景下,资源作为能力的载体,积累程度决定了发展的空间大小。人力资本作为智力资本的重要组成部分,是公司运营的领头羊,已经成为影响公司价值大小的重要因素。价值创造作为企业价值增值的核心,能够更加真实反映企业的综合能力,更紧密结合战略规划与价值管理思想,更关注企业运营效率和资源配置能力,从而实现企业价值增值目标。财务价值创造力作为价值创造力的一个组成部分,从财务角度更加直观体现一个企业的财务状况及发展趋势,但是目前国内外学者关于人力资本激励机制对企业财务价值创造力的影响研究甚少,而我国在这方面的研究尚未成熟。因此,本文选择人力资本激励机制对财务价值创造力的影响作为研究内容,得到有效的实证结果,以期能够为理论和实证作微薄贡献。论文选取人力资本激励机制对财务价值创造力的影响为研究对象,通过对人力资本激励机制概念及衡量的认识,分析人力资本激励机制对财务价值创造的作用机制,并通过对人力资本激励机制及财务价值创造力指标进行现状分析后,针对现状分析结果,选择2011年至2015年沪深A股上市的1798家科技型企业作为研究样本,进行人力资本激励机制和财务价值创造力的指标设计,并进行描述性统计、相关性检验、回归模型进行实证分析,在进行财务价值创造力指标设计时,创造性的设计"GRCNA"指标。通过实证研究结果,发现科技型企业的管理层前三名平均薪酬、相对薪酬差距、激励组合变量均对财务价值创造力呈正向促进作用。根据研究结果,提出提高激励强度、合理制定激励差距、运用激励方式和组合的不同模式建议,从而提高企业价值创造力。
[Abstract]:Under the background of the liberalization of global capital market and the complication of organization operation, resources as the carrier of ability and accumulation degree determine the space of development. As an important part of intellectual capital, human capital is the leader of company operation. Value creation, as the core of value increment, can more truly reflect the comprehensive ability of the enterprise, and more closely combine the strategic planning and the value management thought. More attention is paid to the efficiency of enterprise operation and the ability of resource allocation, so as to realize the goal of increasing the value of the enterprise. The creativity of financial value as a component of value creativity, The financial situation and development trend of an enterprise are reflected more intuitively from the financial angle, but there is little research on the influence of human capital incentive mechanism on the financial value creativity of enterprises at home and abroad. Therefore, this paper chooses the influence of human capital incentive mechanism on financial value creativity as the research content, and obtains the effective empirical results. In order to make a modest contribution to the theory and practice, this paper selects the influence of human capital incentive mechanism on financial value creativity as the research object, through the understanding of the concept and measurement of human capital incentive mechanism. This paper analyzes the function mechanism of human capital incentive mechanism on financial value creation, analyzes the current situation of human capital incentive mechanism and financial value creativity index, and analyzes the results of the present situation. From 2011 to 2015, 1798 science and technology enterprises listed in Shanghai and Shenzhen A-shares were selected as research samples to design the index of human capital incentive mechanism and financial value creativity, and to carry out descriptive statistics and correlation test. The regression model carries on the empirical analysis, when carries on the financial value creativity index design, creatively designs "GRCNA" the index. Through the empirical research result, finds out the top three management level average salary, the relative salary disparity in the science and technology enterprise. According to the research results, the paper puts forward some suggestions on how to improve the incentive intensity, how to make the incentive gap reasonably, and how to use the different modes of incentive and combination to improve the value creativity of enterprises.
【学位授予单位】：哈尔滨商业大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F272.92;F276.44;F275

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