Research On The Influence Of High-speed Railway On Talents Allocation Of Enterprise Executives

This thesis sorts out the mechanism of high-speed rail to attract talents.The opening of the high-speed railway has greatly shortened the space distance,has a space-time compression effect,and the expansion of the market size directly stimulates employment.The opening of the high-speed railway has increased the speed and frequency of the flow of production factors,reduced transportation costs,and gathered capital,labor,technology,information,and other factors towards the cities along the high-speed rail,accelerating the pace of economic development of the cities along the line.In addition,it promotes the efficiency of operation and management between the company's internal headquarters and branches,strengthens communication and cooperation between enterprises,and promotes the rational layout of industrial space.Under the influence of a series of high-speed railway effects,the comprehensive strength of cities along the high-speed railway has been significantly improved,and the city's ability to attract talents has been further strengthened.This paper regards the opening of the high-speed rail as a quasi-natural experiment,which measures the inflow of talents by the increase in the number of directors,supervisors and senior executives of listed companies in the city,and establishes a double difference model controlling the city fixed effect and time fixed effect to analysis of the impact of high-speed rail on the number of senior managers and their academic qualifications.In order to further solve the endogenous problem,the paper selects the interactive terms of the geographic slope of each city and the number of cities where high-speed railways are opened in the provinces as the tool variables to study the effect of the opening of high-speed railways on the allocation of senior management talents in listed companies.The research results of this paper show that the opening of high-speed rail can expand the market size,increase operating income,improve the efficiency of management,and enhance the attractiveness of the city to senior talents.The opening of the high-speed rail has a time dynamic promotion effect on the increase in the number of doctoral qualifications of directors.Only one year after the opening of the high-speed rail,the inflow of senior talents will be significantly promoted,and this promotion effect will expand with the extension of the opening time,but the opening of the high-speed rail has no significant impact on the number of executives of listed companies.Further,in terms of economic zones,the opening of high-speed rail has significantly promoted the inflow of senior talents with doctorate degrees from listed companies in the eastern region,but it has no significant role in promoting the introduction of senior talents in central,western and northeastern regions.From the point of view of attribute of ownership,the opening of high-speed rail can significantly promote the inflow of doctoral qualifications of non-state-owned listed companies,but the impact on state-owned listed companies is not significant.