统计与决策2018,Vol.34Issue(9):172-176,5.DOI:10.13546/j.cnki.tjyjc.2018.09.040
混合所有制企业高管激励与经营绩效间的U型曲线测算
U-Shaped Curve Measurement of Executive Incentive and Business Performance in Mixed Ownership Enterprises
摘要
Abstract
The business performance of state-owned mixed ownership enterprise is influenced by executive incentive, which is mainly composed of fixed salary and equity incentive. The mathematical deduction of the inverted U-type hypothesis can effectively reflect the curve relationship between executive stimulation and the business performance. This paper presents data test proof to demonstrate that there exist different U-shaped curves between the executive incentive and the business performance of the state-owned mixed ownership enterprises under three different conditions. Firstly,there is a inverted U-shaped curve relationship between the business performance and the incentive for executives with fixed pay, and the fixed compensation has a significant effect on enterprise performance in the short term; secondly,there is a positive U-shaped curve relationship between the business performance and the incentive for the executive only with equity incentive, and the influence coefficient of equity incentive on enterprise effect is lower than fixed salary, but it is favorable for the long-term development of the enterprise business performance; thirdly,the curves are irregular of the business performance and the mixed incentives for executive with fixed salary and the equity incentive.关键词
混合所有制/倒U型曲线/Pearson相关性/非标准化系数Key words
mixed ownership/inverted U-shaped curve/Pearson correlation/non-normalized coefficients分类
管理科学引用本文复制引用
阿布都合力力·阿布拉..混合所有制企业高管激励与经营绩效间的U型曲线测算[J].统计与决策,2018,34(9):172-176,5.基金项目
新疆维吾尔自治区社会科学基金青年项目(2015CJY017) (2015CJY017)