The Corporate Value and Employees’ Payments: the Headspring of Harmonious between Corporate and EmployeesDemonstrated from Listed Firm Data in China
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    Abstract:

    Under the environment where China is devoting to construct a harmonious society, the relationship of labor and payment between corporate and employees is increasingly becoming an important factor to affect the construction of harmony of society We revise production function model to analyze the harmonious relationship among corporate, employees, and society by using panel data, and the relative data from listed firm in China We found that 1) the primary revenue of corporate is positive with total incomes, paid incomes of employees, but negative with their unpaid incomes, which showed that relationship impaired their passions; 2) total payments are not relative with net profit rate, but the paid incomes are positive with it, and the unpaid incomes are negative with it; 3) they all don’t relate with the primary revenue of corporate; 4) none of them relate with the net profit rising rate, too In order to establish the harmonious association between the corporate and employees, we should match the payment, corporate value and their adding rates to constitute a perfect basement of harmonious society

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王杏芬,刘斌.企业绩效和员工薪酬:社会和谐之源——来自中国上市公司的经验证据[J].重庆大学学报社会科学版,2008,14(6):61~65

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