Study On Legal Regulation Of Executive Compensation Decisions In Listed Companies In China

Managerial power theory is that the Board of Directors and executives on executive compensation negotiations are not fair trade, director for various psychological and financial incentives can easily be captured by the executive compensation effects set program for executives or even executive compensation. Corporate governance of listed companies in China is generally not very high, there is a serious "internal control", that there are also executives of listed company in China using powers affecting executive compensation decisions, and even executives compensation custom, self assessment? This Visual angle of the theory of management powers, from China's listed company executive pay reality, discussion on the management of power influence in executive pay in the decision-making process and proposed Regulation Executive using powers in compensation rent law thinking in your program.This article main can is divided into three most, first part for first chapter, main describes executives of defined and the compensation of concept and connotation; second a part is second chapter and third chapter, analysis in China listed company executives compensation of legal regulations system background and the reality dilemma, turn from management layer power theory for perspective analysis led executives pay reality dilemma of causes, this article think pay decision institutions of independence does not strong, and executives compensation judicial review system of missing and executives compensation information disclosure mechanism of does not perfect for executives power found rent of "hotbed"; third a part is fourth chapter, controlled in China today executives compensation decision mechanism of defects and the legal specification of insufficient, in reference abroad advanced experience of Foundation Shang, made perfect executives pay decision program of law thinking and views.