"双减"政策与教育培训企业绩效——来自A股上市公司的经验证据
The"Double-Decrease"Policy and the Performance of Education and Training Enterprises——Empirical Evidence from A-share Listed Companies
黄素心 1胡浩然1
作者信息
- 1. 广西民族大学经济学院,广西南宁 530006
- 折叠
摘要
作为教育市场的重要组成部分,教育培训企业的发展将对教育市场产生深远影响.从教育改革政策与教培企业相融合的视角出发,以"双减"政策为准自然实验,检验"双减"政策对教培企业绩效产生的影响及机制.回归分析表明,"双减"政策确实对教培企业的短期绩效产生显著负向影响;机制分析表明,"双减"政策通过企业创新机制和外部环境机制间接影响教培企业绩效;行业异质性分析表明,"双减"政策对K12学科教培企业绩效的负向影响大于非K12学科教培企业.基于此,进一步提出教培企业在艰难态势下突破困境、实现转型、提升绩效的对策建议.
Abstract
As an important part of the education market,the market size of education and training enterprises accounts for a large proportion of the education market size,and its development has a far-reaching impact on the education market.Based on this,this paper starts from the perspective of the integration of education reform policies and education training enterprises,and takes the"double-decrease"policy as a quasi-natural experiment to test the impact of the"double-decrease"policy on the performance of education training enterprises and its mecha-nism.The regression analysis shows that the"double-decrease"policy does have a significant negative impact on the short-term performance of education and training enterprises;the mechanism analysis shows that the"double-decrease"policy indirectly affects the performance of education and training enterprises through the mechanism of enterprise innovation and the mechanism of the enterprise's external environment;the heterogeneity analysis of the industry shows that the"double-decrease"policy has a greater negative impact on the performance of educa-tion and training enterprises in K12 subject than that of those in non-K12 subject.This paper is of reference signifi-cance for further understanding the transmission mechanism of the"double-decrease"policy impact on the per-formance of micro enterprises,as well as for education and training enterprises breaking through the predicament,achieving transformation and improving performance under the difficult situation.
关键词
"双减"政策/企业绩效/双重差分/中介效应Key words
"Double-decrease"policy/Enterprise performance/Double-difference/Mediation effect引用本文复制引用
基金项目
广西自然科学基金(桂科AD20159052)
出版年
2024
NETL
NSTL
万方数据