人口老龄化与企业创新:来自中国的证据

IF 1.4 4区经济学 Q3 BUSINESS, FINANCE

Asia-Pacific Journal of Accounting & Economics Pub Date : 2022-03-06 DOI:10.1080/16081625.2022.2047741

Bo Zhang, Ruixue Zhou, Limei Yang, Ximeng Zhang

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引用次数: 2

摘要

摘要本文以2007 - 2017年中国上市公司为样本，研究发现企业创新与人口老龄化呈负相关，表明劳动力老龄化阻碍了企业创新。我们进一步发现，教育和股权激励计划是缓解人口老龄化对企业创新负面影响的两种方式。我们的研究补充了调查企业创新决定因素的现有研究，并扩展了研究人口老龄化经济后果的文献。本研究还揭示了非执行董事员工在企业创新中的关键作用。

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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Population aging and corporate innovation: evidence from China

ABSTRACT Using a sample of Chinese listed firms from 2007 to 2017, this study documents that corporate innovation is negatively associated with population aging, indicating that the aging workforce impedes corporate innovation. We further find evidence suggesting that education and stock-based incentive plans are two ways to alleviate the negative impact of population aging on corporate innovation. Our study complements existing research investigating the determinants of corporate innovation and extends the literature examining the economic consequences of population aging. This study also sheds light on the critical role of non-executive employees on corporate innovation.

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来源期刊

Asia-Pacific Journal of Accounting & Economics Multiple-

CiteScore

2.40

自引率

9.10%

发文量

期刊介绍： The Asia-Pacific Journal of Accounting & Economics (APJAE) is an international forum intended for theoretical and empirical research in all areas of economics and accounting in general. In particular, the journal encourages submissions in the following areas: Auditing, financial reporting, earnings management, financial analysts, the role of accounting information, international trade and finance, industrial organization, strategic behavior, market structure, financial contracts, corporate governance, capital markets, and financial institutions. The journal welcomes contributions related to the Asia Pacific region, and targets top quality research from scholars with diverse regional interests. The editors encourage submission of high quality manuscripts with innovative ideas. The editorial team is committed to an expedient review process.