| Perfect system can effectively promote economic growth.In the economic transition period,the business environment of enterprises will be especially affected by the system.Maintaining good government-enterprise relationship becomes one of the important strategies.From the perspective of institutional economics,as the political connection of informal institutions,the formal institutions together constitute the institutional system that affects the operation of enterprises.The all-round deepening of China’s reform and the all-round and multi-level opening up have greatly promoted China’s sustained economic growth.In the process of reform and opening up,the government gradually decentralized to the market,the market in the adjustment of resource allocation plays an increasingly leading role.Private enterprises have also become an important force in the process of marketization.As the primary industry of agriculture,it solves the problem of national livelihood.The development of agricultural enterprises,to promote farmers to change the face of poverty,on the road to wealth,but also accelerate the optimization and upgrading of agricultural industrial structure,optimize the allocation of agricultural resources.Agribusiness [2] requires more effort and cost than other industries to achieve higher operating performance.The greatest difference between agricultural enterprises and non-agricultural enterprises is that their operating performance is affected by more unstable factors [3].In addition to the external unstable factors that both agricultural enterprises and non-agricultural enterprises will face,such as national policies and consumption demand,agricultural enterprises will also face an extremely unstable natural environment.Therefore,research to improve the performance of agricultural enterprises has become particularly important.Although the functions of the government are gradually changing,under the influence of the specific cultural background of China,the economic system that still needs to be further improved,the government’s flexible institutional arrangements or the triple factors of behavior uncertainty,the government still holds the right to the allocation of social resources on which enterprises depend for survival.private enterprises face more restrictions in social activities.Therefore,in order to gain competitive advantage and avoid the risk of uncertainty of external environment,private enterprises will be more keen to seek and establish political relations.The natural vulnerability of agricultural enterprises leads to the problems of high opportunity cost,high risk and low performance of agricultural enterprises.Agricultural private enterprises are both agricultural enterprises and private enterprises,and the operating environment is more difficult,so it is particularly important to study the performance of agricultural private enterprises.Based on the data of private agricultural enterprises in China’s China Private Enterprises Survey(CPES),which has been surveyed six times from 2006 to 2016,this paper describes the characteristics of political affiliation of private agricultural enterprises in the original sample by descriptive statistical analysis,and analyzes the impact of political affiliation on the performance of private agricultural enterprises.Through correlation analysis,the paper studies the correlation between political correlation and the performance of agricultural private enterprises,which is the basis of regression analysis.By building a regression model of the impact of political affiliation on the performance of agricultural private enterprises,this paper tests whether there is political affiliation,tracks the path of the impact of political affiliation on the performance of agricultural private enterprises in depth,and finally tests the moderating role of the degree of marketization in the business environment of agricultural private enterprises to provide data support for the improvement of the business performance of agricultural private enterprises.It is found that:(1)The performance of agricultural private enterprises with political affiliation is 0.034% higher than that without political affiliation;(2)The level of the NPC,the position of the NPC,the level of the CPPCC and the position of the CPPCC have a significant positive impact on the performance of agricultural private enterprises.The influence of the level of NPC on the performance of private enterprises is similar to that of CPPCC,and the influence of the level of NPC on the performance of private enterprises is more significant than that of CPPCC.(3)The interaction coefficients of political association and marketization degree are both negatively correlated,that is,the marketization degree weakens the impact of political association on the performance of agricultural private enterprises.(4)In the impact of political affiliation,informal political affiliation,the corporate governance level plays an intermediary role,and the intermediary channel can explain the total effect of 12.5%,10.8% and 15.6%. |
