Research on the Impact of Asset Light Operation on Human Capital Investment

Abstract

As the asset-light operation has gradually become the focus of a new mode of operation for enterprises, it has become an urgent problem to explore its effect on enterprises. Based on this, this paper takes A-share listed companies on the Shanghai and Shenzhen stock exchanges in 2019 as research samples to explore how the asset-light operation model affects the human capital investment of enterprises. It is found that there is a significant positive correlation between asset-light operation and human capital investment, while the increase of R&D investment weakens this positive correlation. By exploring the role of asset-light operation on enterprise performance from a theoretical perspective, this paper provides a new perspective to explore the economic effects of the asset-light operation model on enterprises, and at the same time brings enlightenment to enterprises on how to balance different types of capital to promote the improvement of performance.