Research on the Impact of Party Organization Pre-Discussion on the Internal Compensation Gap and Total Factor Productivity of State Owned Enterprises
This study uses the difference-in-differences model to empirically analyze the govern-ance effect of the Party Organization pre-discussion policy on the internal compensation gap and total factor productivity of state-owned enterprises.The research results indicate that the Party Organiza-tion pre-discussion can significantly reduce the internal compensation gap and significantly improve the total factor productivity of state-owned enterprises.A series of tests,including the adoption of pro-pensity score matching method,placebo test and alternative variable measurement,show the robust-ness of the above results.Further research finds that for the state-owned enterprises operating in mo-nopolistic industries and suffering poor performance,the governance effect of Party Organization pre-discussion on reducing the internal compensation gap and improving the total factor productivity is more significant.
Party Organizationpre-discussionstate-owned enterprisesinternal compensation gaptotal factor productivity