Can Setting up the Party Organizations in Private Enterprises Promote Their Participation in the Guangcai Program? Based on the Micro-Date of the 11th National Private Enterprises Survey

Abstract

Abstract: The Guangcai program is an activity by which private enterprises respond to the call of the state and promote the economic development and social progress in science, education, culture and health of poor areas through donations and many other forms. Based on the data from the 11th national survey of private enterprises, this paper conducts an empirical test of the influence of setting up Party organizations in private enterprises on the participation in the Guangcai program. The findings show that private enterprises that have set up Party organizations are more likely to participate in the Guangcai program, that is, setting up Party organizations in private enterprises can promote private enterprises to participate in the Guangcai program. The mechanism test shows that setting up Party organizations in private enterprises can affect private enterprises' participation in the Guangcai program through two channels, i.e., the entrepreneurs' self-awareness and the education by the united front.

Key words: Party organizations in private enterprises, private enterprises, the Guangcai Program

CLC Number:

F276.5

YUAN Dong-liang, ZHOU Jian. Can Setting up the Party Organizations in Private Enterprises Promote Their Participation in the Guangcai Program? Based on the Micro-Date of the 11th National Private Enterprises Survey[J]. Contemporary Finance & Economics, 2020, 0(5): 123-134.

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