经济与管理Issue(10):76-81,6.
高管薪酬、公司治理与公司业绩--基于沪深两市上市公司的研究
Executive Payment, Corporate Governance and Corporate Performance---Based on the Study of Shanghai and Shenzhen Two City Listing Corporation
摘要
Abstract
This paper research on the relation between executive payment, corporate governance and corporate performance by using 1236 to 2107 companies listed in Shanghai Stock Exchange or Shenzhen Stock Exchange between 2005 and 2011 as sample. We find that, more independent directors, and CEO is more powerful in board are positive with executive payment. While the concentration of equity, the company is state-owned, the board of directors of board of directors, board of supervisors shareholding more supervisors has a significant negative impact on executive compensation. In addition, the excessive payment come from corporate governance is negative with corporate performance.关键词
高管薪酬/公司治理/超额薪酬/公司业绩Key words
Executive payment/Corporate governance/Excessive payment/Corporate performance分类
管理科学引用本文复制引用
周超..高管薪酬、公司治理与公司业绩--基于沪深两市上市公司的研究[J].经济与管理,2013,(10):76-81,6.基金项目
国家自然科学基金项目(71173090);广东省自然科学基金项目(S2011010004257);中央高校基本科研业务费专项资金 ()