行业间智力资本、股权性质对企业绩效推动效应的比较研究

摘要

〔Abstract〕 This article selects the textile and garment industry , biological pharmaceutical industry and real estate industry public companies in 2010-2013 as research samples , by using Public model and factor analysis , to conduct the comparative analysis of the influ-ence of intellectual capital on business performance in three industries . Human capital has positive promoting effect to the enterprise perfor-mance , and structure capital is significantly positively related to the biological pharmaceutical industry's performance , and has no signifi-cant but negative correlation in the real estate industry . On this basis , through ownership property study , it is found that the state-owned biological pharmaceutical industry and state-owned real estate industry hinder the role of human capital on business performance .%本文选取2010～2013年上交所和深交所的纺织服装业、生物制药业和房地产业的上市公司为研究样本，运用Public模型和因子分析分别得出智力资本和企业综合绩效，比较分析了3个行业的智力资本对企业绩效的影响，其中3个行业的人力资本都对企业绩效有正向推动效应，而结构资本是在生物制药业与绩效显著正相关，而在房地产业有不显著的负相关性。在此基础上通过对股权性质的研究发现生物制药业和房地产业的国有性质阻碍了人力资本对企业绩效的推动作用。