运用随机前沿分析模型和2002-2007年信息行业和交通运输仓储行业上市公司数据实证分析了企业内部激励对企业效率的影响。分析结果表明,行业性质及对未来发展的预期是影响企业内部激励对技术效率的影响效果的重要因素。其中高科技行业效率比传统行业效率为高;高科技行业中企业薪酬激励和企业股权激励对企业效率的提高都具有显著作用;而传统行业中企业薪酬激励对企业效率提高有显著作用,但未能证实企业股权激励对企业效率提高有显著作用。
The authors set up a stochastic frontier model to make an empirical study on the nexus between internal incentives within enterprise and firm efficiency in Chinese information technology industry & transportation and warehousing industry. The research based on the sample of listed companies testifies that the properties of industry and the expectations of its future trend play an important role to affect the nexus between internal incentives and firm efficiency. In information technology industry, the management salary payment & management stockholding promote firm efficiency significantly and positively while in transportation and warehousing industry, it fails to be testified that management stockholding incentives can promote finn efficiency positively and significantly. But our research results indicate that management salary payment plays a positive and significant role in promoting firm efficiency.