私营企业国际化战略、出资人异质性与企业绩效

The Internationalization Strategy of Private Enterprises,Heterogeneous of Investors and Firm Performance

以中共中央统战部等四部门2012年对全国范围内私营企业抽样调研数据为样本,实证检验了国际化战略、出资人背景异质性与企业绩效之间的关系。研究发现:有管理经历、有对外经历、中共党员、担任人大代表和政协委员、高学历的出资人倾向于国际化战略;国际化对企业绩效有显著的正向影响;出资人背景与国际化战略的交互作用在多方面显著调节企业绩效。本文对这些规律进行了归纳,并从出资人背景角度对提高国际化绩效进行了探讨。

Using the survey data on private sector nationwide obtained by the CPC Central Committee United Front Work Department and other three departments in 2012, this study investigated the relationship between the internationalization strategy of private enterprises, heterogeneous of investor, and firm performance. It is found that management experience, foreign experience, CPC, serving as NPC deputies and CPPCC members, high education private entrepreneur tend to choose internationalization strategy, internationalization strategy played a significant positive role in promoting firm performance; the interaction between the background of private entrepreneur and internationalization strategy played a significant role on firm performance in many aspects. Finally, this study summarized all these phenomena and discussed how to promote the internationalization strategy level from the perspective of private entrepreneur background.