非国有股东参与治理降低了国企对大供应商的依赖吗?

Can Non-state-owned Shareholders Reduce the SOEs Dependence on Large Suppliers?

基于混合所有制改革背景研究非国有股东治理对国企供应商结构的影响。研究发现,非国有股东参与国企高层治理可以显著降低国企对大供应商的依赖度,从而对国企供应商结构优化发挥积极作用。机制分析结果显示,非国有股东参与治理能够提高国企的市场竞争力,进而提高国企市场份额和议价能力,最终降低其对大供应商的依赖度,而单纯的股权制衡缺乏相应治理效果。进一步研究发现,这种治理效应在规模小、成长性低、数字化发展程度低以及由地方政府控制的国企中更加明显。研究表明,非国有股东参与国企高层治理能够对国企的供应商结构优化发挥积极影响,进而为全面深化国企改革提供了经验支持,同时也丰富了供应商选择和混合所有制改革方面的理论研究。

This paper conduct a research on the impact of non-state-owned shareholder governance on the supplier structure of state-owned enterprises in the context of mixed ownership reform.The results show that the participation of non-state-owned shareholders in the high-level governance of state-owned enterprises can significantly reduce the dependence of state-owned enterprises on large suppliers,and thus play a positive role in the optimization of state-owned enterprises supplier structure.The results of the mechanism show that the participation of non-state-owned shareholders in governance can improve the market competitiveness of SOEs and ultimately reduce their dependence on large suppliers.Further research found that this governance effect is more pronounced in SOEs that are small in scale,low in growth,low in digital development,and controlled by local governments.The research shows that the participation of non-state-owned shareholders in the high-level governance of state-owned enterprises can exert a positive impact on the optimization of the supplier structure of state-owned enterprises.