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Influence Factors Empirical Analysis Of Executive Compensation

Posted on:2011-08-10Degree:MasterType:Thesis
Country:ChinaCandidate:Q J JiangFull Text:PDF
GTID:2189330332973640Subject:Accounting
Abstract/Summary:PDF Full Text Request
Listed companies that establish a scientific and reasonable remuneration and incentive mechanisms, is to reduce agency costs of effective means for the achievement of the company top management to form an important tool for effective incentive, but our listed companies pay whether certain reasonable? what factors influence the level of remuneration of executives in this area of research for the promotion of the development of China's capital markets, improving corporate governance have significant academic value.Article selects data from 2005 to 2008 in Central six provinces listed as research samples.samples with SPSS 16.0 software on the company's Executive compensation factors for the empirical analysis, study shows:1, Executive compensation have a significant impact on accounting performance, but have little impact on market performance. And that corporate performance on executive pay in the degree of correlation coefficient and interpretation are greater than the previous year.2. Executive pay and company size is significantly forward; and the company's capital structure and executive pay is a significant negative correlation,3. State-owned shares and corporate shares have a significant inhibition on executive pay and stockholder degrees are related, but statistically insignificant; 4, Between Board of Directors and the proportion of all independent directors and the Executive pay is also a significant positive correlation.5, executive pay in different sectors and regional is disparity.6, executive pay this year results are significant positive.According to the above conclusions,On the improvement of the central region listed companies pay incentive mechanism makes the following suggestions:One way is to perfect central listed companies of pay-structure and pay attention to executives of long-term incentive; The second is a sound company performance evaluation system; The third is to perfect internal governance of listed companies.
Keywords/Search Tags:Central region, listed companies, Executive compensation, Influencing factors
PDF Full Text Request
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