The Impact Of Manufacturing Enterprise Organizational Redundancy On Enterprise Performance

Manufacturing enterprises are the core and basic industries of national development.Their development is related to the country and society,and they face the transformation work in the new economic period.The importance of manufacturing development is self-evident.The structural reform of the supply side and the promotion of "de-capacity"in the manufacturing industry are imminent.Although the existence of redundant manufacturing enterprises is inevitable,fully utilizing and configuring redundant resources will help improve the performance of enterprises and is of great significance to the development of the economy.This paper studies how the organizational redundancy of manufacturing enterprises affects corporate performance,and how management autonomy affects the relationship between the two,and makes assumptions.In order to verify the research hypothesis of this paper,the article selected 1433 listed companies in the Shanghai and Shenzhen A-share manufacturing industry in 2013-2017 for empirical research.The data comes from the Guotaian Financial Database.This paper divides organizational redundancy into available redundancy,potential redundancy,and recoverable redundancy,and finds the regulatory variables of management autonomy based on the internal perspective of the enterprise,and specifically divides it into capital intensity,company size,and dual roles.Also serve as three dimensions.After hierarchical regression and group regression,it is found that the overall stock of enterprise organizational redundancy has a positive positive effect on corporate performance;in the classification of organizational redundancy,redundancy can be used to positively affect enterprise performance,and potential redundancy is positive.Affecting enterprise performance,can restore redundancy and negatively affect enterprise performance;capital intensity in management autonomy negatively regulates the relationship between organizational redundancy total stock,classified organizational redundancy and corporate performance,and both positions serve as positive adjustment organizations.The relationship between the total inventory,classification organization redundancy and enterprise performance,the company scale positively adjusts the relationship between the recoverable redundancy and enterprise performance in the classification organization redundancy.In addition,this paper innovatively joins the management autonomy and divides it into three dimensions for the adjustment effect,and updates the variable measurement method of organizational redundancy.Under the current economic background of China and the external and complex external environment faced by enterprises,enterprises should more fully realize that organizational redundancy is more beneficial to enterprises in terms of performance improvement.The concept of traditional agency theory should be Make corrections.In addition,it is recommended that enterprises in the reasonable management of organizational redundancy,in addition to the overall goal of the company to achieve the benefits of the existing phase of the increase,but also to pay attention to open up the market,increase the direction of enterprise innovation,and thus improve performance.Therefore,it provides a meaningful reference and a certain reference for the economic transformation of manufacturing enterprises,the correct implementation of corporate entrepreneurship strategy,and the improvement of business performance.