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| Research on the Impact of Party Organization Pre-Discussion on the Internal Compensation Gap and Total Factor Productivity of State Owned Enterprises |
| ZOU Honghui，XIE En |
| Tongji University, Shanghai, China |
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Abstract This study uses the difference-in-differences model to empirically analyze the governance effect of the Party Organization pre-discussion policy on the internal compensation gap and total factor productivity of state-owned enterprises. The research results indicate that the Party Organization pre-discussion can significantly reduce the internal compensation gap and significantly improve the total factor productivity of state-owned enterprises. A series of tests, including the adoption of propensity score matching method, placebo test and alternative variable measurement, show the robustness of the above results. Further research finds that for the state-owned enterprises operating in monopolistic industries and suffering poor performance, the governance effect of Party Organization pre-discussion on reducing the internal compensation gap and improving the total factor productivity is more significant.
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Received: 28 December 2022
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