辽宁工程技术大学学报（社会科学版）2023，Vol.25Issue(6)：442-448,7.DOI:10.11955/j.issn.1008-391x.20230607
高管激励、股权集中度与研发投入
Executive incentive,ownership concentration and R&D investment:empirical study based on Shanghai and Shenzhen A-share listed companies
摘要
Abstract
Aiming at the relationship between executive incentives and R&D investment,this paper uses multiple regression analysis method to analyze the impact of executive incentives on R&D investment and the moderating effect of ownership concentration by taking A-share listed companies from 2015 to 2019 as a sample.It is found that executive salary incentive is positively correlated with R&D investment,equity incentive has an inverted"U"relationship with R&D investment,and ownership concentration is negatively correlated with R&D investment.Ownership concentration has a reverse moderating effect on the relationship between salary incentives and R&D investment,and a moderating effect on the relationship between equity incentives and R&D investment.The conclusion provides for listed companies to implement executive incentives.关键词
高管激励/研发投入强度/股权集中度/调节作用Key words
executive incentive/R&D investment intensity/ownership concentration/moderating effect分类
管理科学引用本文复制引用
丁秀秀..高管激励、股权集中度与研发投入[J].辽宁工程技术大学学报（社会科学版）,2023,25(6):442-448,7.基金项目
广东财政科研课题(Z2021110) （Z2021110）
