Empirical Research On Correlation Between Executive Compensation And Fair Value Measurement

Empirical Research on Correlation between Executive Compensation and Fair Value MeasurementThe research on correlation between executive compensation and fair value measurement, was based on the agency theory. With the development of economic, accounting information to accelerate or impede the ability of economic development has become increasingly difficult to ignore. January 1, 2007, the new accounting standards which came from China have been used in listed companies, to use fair value in the accounting standards, has changed the measurement attributes of financial accounting. The application of the fair value is based on local conditions, the introduction of changes in fair value of the properties, and is derived from the standards of different games in different economic activities. To the economic behavior of the economic consequences of different derivatives in the framework of positive accounting theory, the company issued new guidelines for the management of what response to make, whether, it will change policies, in particular the problem of senior management compensation incentive Pushed to the cusp, became a focal point of social concern.This paper attempts to pay the perspective of the new contract guidelines for the implementation of fair value measurement, the consequences of fair value have not investigated the abuse, the findings contribute to a better understanding of listed companies in the usefulness of accounting information, so as to executive compensation incentive Provide a reference design of the system, hoping to test the effect the new implementation of the guidelines to achieve additional relevant literature.So, this research is devoted to understanding the causes of adopting new accounting standards. Using the 2009 data from listed firms, offer a different perspective to understand data, excluding the Financial Sector. By SFC requirement, to use financial data which was SFC are required Listed Companies to disclose, analysis variable data of the each Normality, build models, using SPSS16.0,EXCEL2003 software, research new accounting standards introduced in the fair value of the corporate performance of listed companies in the changes in fair values and the senior management Pay some kind of contact between it. The results show that the limited impact of fair value, and not for listed companies to facilitate manipulation.