05葛桓志—战略导向人力资源成本管理与公司业绩实证检验.docVIP

战略导向人力资源成本管理与公司业绩实证检验 ——来自中国上市公司的经验证据 葛桓志 (云南财经大学会计学院，云南 昆明 650221) 【摘要】虽然现有的研究中已证明公司战略对公司业绩有影响，但是公司战略与公司业绩之间仍是一个“黑箱”，公司战略是通过哪些中间变量影响公司业绩？本文基于中国上市公司2007- 2009年的财务数据，利用验证性因子分析技术和多元回归分析的方法，发现虽然成本领先战略和差异化战略下的人力资源成本管理均能给上市公司带来短期竞争优势，但采用差异化战略的企业其短期获利能力显著高于采用成本领先战略的企业。进一步的分析，本文还发现，在这两种战略类型下的人力资源成本管理对企业长期经营业绩的影响存在显著差异，总体而言，在差异化战略下实施人力资源成本管理的上市公司在创造竞争优势方面优于成本战略下的上市公司。 【关键词】竞争战略；人力资源成本管理；公司业绩 Empirical test of the strategy-oriented cost management of human resources and corporate performance —Empirical evidence from Chinese listed companies Gehuanzhi （Accounting School，Yunnan University of Finance and Economics, Yunnan Kunming, 650221） Abstract：Although existing of research in the has proved company strategy on company performance has effect, but company strategy and company performance Zhijian remains a black box, company strategy is by which Middle variable effect company performance? this article based on China listed company 2007-2009 of financial data, using validation sexual factor analysis technology and multiple regression analysis of method, found although cost leading strategy and differences of strategy Xia of human resources cost management are can to listed company brings short-term competition advantage, but used differences of strategy of enterprise its short-term profit ability significantly than used cost leading strategy of enterprise. Further analysis, this article also found that in these two types of strategy cost management of human resources under long-term operating performance impact on the enterprise there are significant differences in overall, implemented under the differentiation strategy of cost management of human resources in creating a competitive advantage over cost strategies of listed companies of the listed companies. Key words：competitive strategic, cost management of human resources , corporate performance 一、引言 在市场竞争愈来愈激烈的今天，公司的生存与发展面临着各方面的挑战。而衡量一个公司好坏的最直接，同时也是最主要、最根本的指标