超额雇员
超额雇员-
国家控股、超额雇员与劳动力成本
State Stockholder , Excessive Employment and Labor Cost
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本文的研究表明，企业超额雇员现象的存在确实与政府的财政干预密切相关，企业的股权性质会影响政府干预手段的使用。
Overall , my study indicates that the excessive-employment of listed firms is closely related with government interventions , and shareholder identity has some impact on the extent of government interventions .
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文章以国有控股上市公司为样本，研究发现超额雇员公司的权益代理成本显著高于非超额雇员公司，同时市场对超额雇员公司价值进行了折价。
With a sample of state-owned listed companies , this paper found that the equity agency cost of companies with excess employment was higher than those without , and the value of companies with excess employment was discounted by the stock market .