民营企业腐败对研发投入的影响研究——基于中小板上市公司的经验证据

发布时间：2018-06-23 20:09

  本文选题：腐败 + 超额招待差旅费　； 参考：《中国管理科学》2017年03期

【摘要】：本文结合中国转型经济的制度背景,利用2007-2014年中国深市中小板民营上市公司的数据,以超额招待差旅费作为企业腐败支出的替代变量,实证考察了民营企业腐败活动对其研发投入的影响。研究结果表明:对于进行研发活动的民营企业,其腐败支出与研发投入强度呈倒U型关系;进一步研究发现,民营企业腐败支出与研发投入之间的关系会随着企业规模及其所在地制度环境的变化而表现出显著差异。上述结果不仅完善了非正式机制对中国民营企业研发投资影响的研究,也为当前反腐败和促进企业创新的政策制定提供了一定的启示作用。
[Abstract]:Based on the institutional background of China's transition economy and the data of private listed companies in Shenzhen Stock Market from 2007 to 2014, this paper takes excess hospitality travel as an alternative variable of enterprise corruption expenditure. The influence of corruption activities on R & D investment of private enterprises is investigated empirically. The results show that: for private enterprises engaged in R & D activities, the corruptive expenditure and R & D investment intensity are inversely U-shaped. The relationship between corruption expenditure and R & D investment in private enterprises will show significant differences with the change of enterprise size and local institutional environment. The above results not only improve the research on the impact of informal mechanism on R & D investment of private enterprises in China, but also provide some enlightenment for the current policy making on anti-corruption and promoting enterprise innovation.
【作者单位】： 重庆大学经济与工商管理学院;
【基金】：国家自然科学基金重点资助项目(71232004)
【分类号】：F273.1;F275
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本文编号：2058251