Study On Human Capital Value Matching In State-owned Enterprise

In the knowledge-based economy era, the important role of human capital in the enterprise increasingly apparent, human capital has become the strategic factor and the driving force to the enterprise's survival and development. As the mainstay of our national economy, to play the role of human capital is essential for the state-owned enterprise to maintain a competitive advantage in the increasingly fierce market competition. And to play the role of human capital needs of state-owned enterprises to effectively motivate their human capital. The income value of the human capital in state-owned enterprise largely reflects the degree of its incentives and constraints to their human capital, insufficient incentives will lead to the loss of talent, the constraint is not perfect will also result in the loss of the state assets. The global financial crisis which breaks out in 2008, further caused people to think about the income value of the human capital in state-owned enterprises, how to determine the income value of human capital and match it with the output value of human capital. In order to ensure the fairness of income value of human capital in state-owned enterprise, the income value of human capital should be based on the output value of human capital, which has a significant positive impact on the income value of human capital.This paper adopts the combination of normative research and empirical research method, taking human capital property rights theory, income distribution theory and incentive and constrain theory as the basis, analyzing and building a model to explain the relationship between the income value and output value of human capital in state-owned enterprise, selecting the A-share main board listed state-owned enterprises in China as the research sample, testing the impact which the output value of human capital may have on the income value, and the moderating effect that the shareholding forms and industry competition may have on the relationship between the income value and output value of human capital in state-owned enterprise.The empirical results show that: firstly, the output value has a significant positive impact on the income value of human capital. Secondly, relative to the state-owned holding enterprises, the impact which the output value of human capital may have on the income value is weakened in the state-owned legal person holding enterprises.Thirdly, relative to the state-owned monopoly enterprises, the impact which the outputvalue of human capital may have on the income value is weakened in the state-owned competitive enterprises. Finally, we put forward some improvement suggestions to the matching of the state-owned enterprise human capital value.