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Zhang, B., Lan, J. P., & Pang, H. X. (2013). An Empirical Study on the Impact of PE on the Value of Small and Medium-Sized Board and Gem Listed Companies—Based on the Tobin Q value. Macroeconomic research, No. 3, 15-23.

has been cited by the following article:

• TITLE: The Impact of Foreign Direct Investment on the Labor Income Share of Listed Companies

  AUTHORS: Fei Luo

  KEYWORDS: Foreign Direct Investment (FDI), Labor Income Share PSM

  JOURNAL NAME: Modern Economy, Vol.11 No.2, February 25, 2020

  ABSTRACT: Based on the data of China’s listed companies in Shanghai Stock Exchange and Shenzhen Stock Exchange from 2003 to 2017, this paper tries to figure out effect of FDI on China’s labor income share from a micro perspective. Now the reform and opening up and market-oriented reform in China continue to evolve, but the labor income share of foreign enterprises is not significantly bigger than that of domestic enterprises, which indicates that the promoting effect of foreign direct investment on labor income share of employees of the listed companies in China is declining or disappearing, but high-level control of foreign investors will raise the labor income share.