从市场营销到人力:广告支出对就业的影响

IF 7.5 1区 经济学 Q1 BUSINESS, FINANCE
Wenjun Xie , Yao Chen
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引用次数: 0

摘要

本研究探讨广告支出对企业雇佣水平的影响,并探讨其潜在机制。2012 - 2021年中国上市公司的年度数据表明,产品市场广告对企业就业产生了意想不到的影响。实证结果证实,广告对就业有正向影响,在消费品行业、信息不对称程度较高的企业、具有营销背景的高管领导的企业和劳动强度较高的企业中,广告的影响更为显著。机制检验表明,广告通过减少资金约束、增加生产规模和强化品牌价值来影响就业。此外,广告支出通过优化人力资本结构和提高劳动力配置效率来提高企业绩效和员工工资。总的来说,这项研究代表了证明广告在改善企业就业方面的作用的少数努力之一。研究结果对改善国内就业结构具有现实意义。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
From marketing to manpower: Impact of advertising expenditures on employment
This study investigates the impact of advertising expenditures on corporate employment levels and explores the underlying mechanisms. The yearly data of Chinese listed firms between 2012 and 2021 demonstrate the unintended impact of advertising in the product market on corporate employment. Empirical findings confirm that advertising positively affects employment, with a stronger effect observed in consumer product industries, firms with higher information asymmetry, firms led by executives with marketing backgrounds, and companies with higher labor intensity. Mechanism tests show that advertising affects employment by reducing financial constraints, increasing production scale, and reinforcing brand value. Furthermore, advertising expenditures improve firm performance and employee wages by optimizing human capital structure and increasing labor allocation efficiency. Overall, this study represents one of the few efforts that substantiates the role of advertising in improving corporate employment. Our findings have practical implications for improving internal employment structure.
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来源期刊
CiteScore
10.30
自引率
9.80%
发文量
366
期刊介绍: The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.
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