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A Comparative Study of the Promotion Mechanism of Cadres in Central Enterprises in the North and South of China |
YUAN Qingchuan1 , PENG Peng2 |
1.School of Economics, Hebei University
2.School of Labor Relations and Human Resource, Renmin University
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Abstract: According to the principal-agent theory, promotion tournament theory and non-productive rent-seeking theory, based on the data of middle-level managers in central enterprises from 2015 to 2020, the author uses the linear Oaxaca-Blinder decomposition method to study the factors and differences in the promotion speed of middle-level managers in central enterprises in the North and South of China. The study shows that performance and social capital can significantly improve the promotion speed of middle-level reserve cadres in southern central enterprises compared with northern central enterprises. Southern central enterprises pay more attention to the construction of younger cadres. When a cadre is promoted to the middle level, diplomas have no significant effect on the promotion of reserve cadres in southern central enterprises, and in northern central enterprises, the speed of promotion of mid- dle-level reserve cadres is slowed by the acquisition of diplomas. There are significant differences in the promotion speed of reserve cadres due to different promotion mechanisms in central enterprises in the north and south. The research results of this paper explain the differential influence mechanism of the promotion of reserve cadres in central enterprises in the south and north, enrich the relevant literature on the factors affecting the promotion speed of cadres in central enterprises, and provide theories for establishing a fair promotion competition mechanism and solving the problems of internal agency and adverse selection of central enterprises.
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Received: 27 October 2021
Published: 15 June 2022
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Corresponding Authors:
YUAN Qingchuan
E-mail: circle21@163.com
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