A Research into Human Capital Investment and Enterprise Performance Based on the Perspective of Training——An Analysis of the Cross Sectional Data of Non-listed Chinese Industrial Enterprises
REN Yu, XIE Jie
Research Institute of Industrial Economics, Jinan University, Guangzhou 510632, China
Abstract:
Using the cross sectional data of the above-scale non-listed Chinese industrial enterprises in 2007, the authors measured human capital investment with training fees and made an empirical analysis of the relationship between human capital investment and enterprise performance. The study results show that enterprise performance has a positive relationship with the human capital investment and has a negative relationship with physical capital investment; in different provinces, human capital investment's impacts on enterprise performance has great fluctuations; in the eastern and middle regions of China human capital investment has greater impact on enterprise performance than in the western region. Therefore, the country should establish a scientific and effective system for human capital investment and form a stable investment regime.
REN Yu, XIE Jie.A Research into Human Capital Investment and Enterprise Performance Based on the Perspective of Training——An Analysis of the Cross Sectional Data of Non-listed Chinese Industrial Enterprises[J] Economic Survey, 2012,V1(2): 130-134