精准扶贫对企业绩效的影响

The Impact of Targeted Poverty Alleviation on Corporate Performance

摘要: 本文以沪深A股非金融上市公司作为样本，研究实施政府主导的企业社会责任——精准扶贫对扶贫企业经济绩效的影响。研究发现，对于扶贫企业而言，实施精准扶贫能够显著提高其经济绩效。政府补贴、信息透明度、融资约束可以正向调节精准扶贫与企业经济绩效的关系。异质性分析表明，这一正向促进关系在国有企业中更为显著。本研究是对精准扶贫和企业绩效研究的重要补充，为巩固脱贫成果、推动企业承担社会责任和提升市场主体参与提供了实践启示。

Abstract: This paper takes Shanghai and Shenzhen A-share non-financial listed companies as samples to study the impact of the implementation of government-led corporate social responsibility—targeted poverty alleviation on the economic performance of poverty alleviation enterprises. It is found that for poverty-alleviation enterprises, the implementation of targeted poverty alleviation can significantly improve their economic performance. Government subsidies, information transparency and financing constraints can positively regulate the relationship between targeted poverty alleviation and corporate economic performance. Heterogeneity analysis shows that the positive promotion relationship is more significant in state-owned enterprises. This study is an important supplement to the research on targeted poverty alleviation and corporate performance, and provides practical enlightenment for consolidating the achievements of poverty alleviation, promoting enterprises to assume social responsibilities and enhancing the participation of market entities.