Impact of New Quality Productivity on Corporate Performance
Against the backdrop of rapid development in China's productivity levels,the introduction of new quality pro-ductivity has opened up new opportunities for corporate development.Using a sample of Chinese A-share listed companies from 2012 to 2022,this study empirically examines the impact of new quality productivity on corporate performance.The re-sults indicate that new quality productivity can enhance corporate performance.Heterogeneity analysis finds that the positive effect of new quality productivity on corporate performance is more pronounced in the service industry,central and western regions,and companies with higher levels of executive incentive compensation.Mechanism analysis shows that new quality productivity can enhance corporate performance through improving innovation levels,accelerating digital transformation,and el-evating human capital levels.To effectively improve corporate performance,companies should focus on developing new quality productivity,increasing investment in innovation and human capital,accelerating digital transformation,and optimizing incen-tive systems.Relevant government agencies should strengthen financial support for enterprises through various policy measures,and promote the development of new quality productivity.
New Quality ProductivityCorporate PerformanceCorporate Innovation
万方数据
维普
