Party Organization Embedding and Upgrading of Private Enterprises:Empirical Evidence from the Survey Data of Chinese Private Enterprises
In the context of the current ecological civilization construction and high-quality economic development in China,promoting the technological transformation of enterprises has become an important task to achieve high-quality development.As an important institutional embedment method for enterprises,Party organization embedding can play a positive role in enterprises,indirectly improve the thoughts and values of enterprise managers,so that they can take the initiative to take measures for technological transformation and upgrading of enterprises.Based on this,this paper aims to study the influence and transmission path of Party organization embedding on the technological transformation and upgrading of private enterprises,so as to provide theoretical support and policy inspiration for promoting the high-quality development of private enterprises.Based on the data of the 12th National Sample Survey of Private Enterprises(CPES)in 2016,this paper constructs an empirical model with reference to research of Lyu Peng,Huang Songqin and Xu Xixiong,and examines how the Party organizationembedding affects the technological transformation and upgrading strategies of private enterprises.The empirical results show that private enterprises embedded by Party organizations are more inclined to adopt technological transformation and upgrading strategies.Further study reveals that private entrepreneurs'subjective status perception,environmental regulation pressure and innovation consciousness play an important mediating role in the above effects.After taking into account the sample selection bias,endogeneity and omitted variables,the results are still robust.In addition,the effect of Party organization embedding on the technological transformation and upgrading of enterprises is influenced by the heterogeneity of regional business environment and enterprise characteristics.Compared with previous literature,the possible contributions of this paper are in the following aspects.Firstly,different from previous studies,this paper focuses on the internal factors of enterprises to explore the driving factors of enterprise transformation,and discusses the technological transformation of private enterprises from the perspective of Party organization embedding.Secondly,different from existing studies focusing on the governance of Party organizations in state-owned enterprises,this paperlinks Party organizationembedding with the technological transformation and upgrading of private enterprises,and clarifies the logical line of Party organizationembedding-psychological characteristics of entrepreneurs-the adoption of technological transformation and upgrading strategies,enriching and expanding research in the field of Party organization governance.Finally,the findings deepen the understanding of how political forces influence enterprise development in emerging market economies,provide new knowledge in areas such as grassroots Party building and ecological civilization construction,and expand research on the development of green themes.The research conclusion of this paper provides theoretical support for the positive effect of Party organization embedding in corporate governance of private enterprises.In addition,at the practical level,this paper provides new ideas and theoretical basis for supply-side structural reform,high-quality development of private enterprises and grassroots Party building,and provides policy guidance for strengthening Party organizations to lead the high-quality development of private enterprises.
Party organization embeddingtransformation and upgradingsubjectivestatus perceptionenvironmental regulation pressurechinese private enterprise survey data