September 2021
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... Based on the internal environment, Zhao (2015) shows that financing constraints reduce the efficiency of enterprise resource allocation and have a negative impact on total factor productivity [5]; Sheng and Jiang (2019) find an inverted "U-shaped" association between executive monetary compensation incentives and enterprise total factor productivity [6]. Qing Li et al. (2021) found that information management ability can improve risk prediction, performance incentive, integrated innovation and, finally, effectively improve the total factor productivity of enterprises [7]. According to the study of Guo Mengnan and Li Xiaohong (2020), internal control can effectively alleviate resource mismatch, improve organizational efficiency and promote the growth of enterprise value [8]. ...
August 2021