Research On The Impact Of State-owned Enterprise Participate In Industrial Poverty Alleviation On Financial Performance

Industrial poverty alleviation,as the first of the "five batches" of tackling poverty alleviation,is an important strategy for poverty alleviation in China.Driven by targeted poverty alleviation policies.Industrial poverty alleviation has become the mainstream way that state-owned enterprises choose to carry out poverty alleviation.At present,there have been studies focusing on the motivation and mode of participating in industrial poverty alleviation with state-owned enterprises.Few literatures have explored the benefits of state-owned enterprises in industrial poverty alleviation from the perspective of enterprises.Unlike direct donations to fulfill social responsibility obligations,enterprises need to allocate various resources of enterprises in the process of participating in industrial poverty alleviation.How can state-owned enterprises participate more effectively in industrial poverty alleviation according to the internal situation of the enterprise?Based on the systematic review of state-owned enterprises' participation in industrial poverty alleviation and its impact on financial performance,this paper uses resource-based theories and costs from the aspects of economic state-owned enterprises' participation in industrial poverty alleviation and state-owned enterprises' participation in industrial poverty alleviation.The empirical analysis of poverty alleviation data from 2016 to 2018 explores the impact of state-owned enterprises inparticipating in industrial poverty alleviation on financial performance,and classified research based on the agricultural nature of the enterprise.The research shows that among the state-owned enterprises participating in targeted poverty alleviation,at the current stage,the state-owned enterprises participating in industrial poverty alleviation cannot immediate improve the financial performance of the enterprise,but after dividing the industry samples according to the agricultural nature,it is found that agricultural state-owned enterprises participate in Industrial poverty alleviation can gain a competitive advantage,thereby improving the financial performance of enterprises.For non-agricultural state-owned enterprises,participation in industrial poverty alleviation cannot immediately create a competitive advantage,which has a negative effect on financial performance.From the perspective of resources,introducing different types of organizational redundancy to test the moderating effect of the relationship between state-owned enterprises 'participation in industrial poverty alleviation and financial performance.The research means that non-precipitating redundancy has a positive effect on state-owned enterprises' participation in industrial poverty alleviation,However,precipitative redundancy has a negative effect on financial performance of state-owned enterprises participating in industrial poverty alleviation.precipitative redundancy will aggravate the negative effect of financial performance of state-owned enterprises participating inindustrial poverty alleviation.The contribution of this research is to examine the impact of state-owned enterprises' participation in industrial poverty alleviation on financial performance from a theoretical and empirical perspective.It is classified and discussed according to the agricultural nature of the enterprise,and organizational redundancy is introduced.State-owned enterprises are participating in the moderating effect of industrial poverty alleviation performance.It has enriched the relevant literature of state-owned enterprises in industrial poverty alleviation,and provided theoretical references and empirical evidence for scientifically guiding state-owned enterprises to participate in industrial poverty alleviation.