Human capital mobility and corporate management cost

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-05-17 DOI:10.1016/j.frl.2025.107597

Jiawei Shi

引用次数: 0

Abstract

Using data from Chinese firms spanning 2016 and 2022, this study investigates the impact of human capital mobility on corporate management costs. Results indicate that increased mobility lowers management costs by enhancing top management team dynamism and diversity. Heterogeneity analysis reveals that this effect is significant in privately owned and labor-intensive firms but minimal in state-owned and nonlabor-intensive ones. The findings contribute to regional economics and corporate strategy literature, offering valuable insights for firms and policymakers.

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人力资本流动与企业管理成本

本研究利用2016年至2022年中国企业的数据，考察了人力资本流动对企业管理成本的影响。结果表明，流动性的增加通过提高高层管理团队的活力和多样性来降低管理成本。异质性分析表明，这种效应在私营企业和劳动密集型企业中显著，而在国有企业和非劳动密集型企业中最小。研究结果有助于区域经济学和企业战略文献，为企业和决策者提供有价值的见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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