Product Market Competition, Competitive Position and Employee Wage

Li Yang

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Product Market Competition, Competitive Position and Employee Wage

机译：产品市场竞争，竞争地位和员工工资

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Although executives and workers all are the enterprise value creators, most research has focused on the study of executive compensation, and the wages of employees are less. Especially, there is little literature to study the salary problem of employees in product market competition environment. Using a sample of China’s listed firms from 2002 to 2014, we examine how product market competition influences firm worker’s pay. We find that market competition will strengthen employee wage, which results from market competition augment firm’s labor demand. At the same time we also find that the higher the competitive position of enterprises in the industry, the higher the wages. The evidence has an important implication for research on product market competition and corporate behavior and provides some useful suggestions for policy makers.

机译：尽管高管和工人都是企业价值的创造者，但大多数研究都集中在高管薪酬的研究上，而雇员的工资却较少。特别是，在产品市场竞争环境下，很少有文献研究员工的工资问题。我们使用2002年至2014年间中国上市公司的样本，研究了产品市场竞争如何影响公司职工的工资。我们发现市场竞争将增强员工工资，这是市场竞争增加了公司的劳动力需求的结果。同时我们还发现，企业在行业中的竞争地位越高，工资就越高。这些证据对产品市场竞争和公司行为的研究具有重要意义，并为决策者提供了一些有用的建议。

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《Journal of Human Resource and Sustainability Studies》 |2016年第3期|共7页
作者
Li Yang;
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Product Market Competition, Competitive Position and Employee Wage

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