Research On Accounting Information-based Salary Prompting System For Managers

The characteristic that"the human capital shall not be squeezed, but driven only"provides a realistic foundation for the salary promoting of managers. The business managers are human capitals in the enterprises, in order to integrate individual goals and business objectives of enterprises; it becomes necessary to take suitable incentive means and measures. Along with the gradual establishment of modern enterprise systems and the development of enterprises'theories, the theories of motivation in modern enterprises mainly target to discuss the promoting ways formed in the course of mutually gaming between various interest owners in the enterprises under the asymmetrical information and inconsistent goals, the gaming and promoting between enterprises investors (owners) and managers is a core issue in the theories of motivation in modern enterprises.Due to the asymmetrical information between the enterprise investors and managers and resulting different goals, it is necessary for investors to conduct effective supervision upon the managers, however, the subdivision of special labors brings gradually increasing cost in supervision, under the restriction of cost-benefit principle, what the investors shall do is to adopt all ways to drive the managers to work hard and devote to the maximum benefits for the enterprise, therefore, what the promoting means are shall be key points for efficient drives. Analyzing the theories and practices of salary-promoting for managers, it is not difficult to find the significance of accounting information in the promoting mechanism, so how to enable the accounting information to exert higher effectiveness and effectively make the salary-promoting mechanism exert its functions will be the starting point of the paper.First of all, the paper starts with the viewpoint of promoting theories, overall analyzes main viewpoints stated in the content-based motivation theory, the course-based motivation theory, the behavior improving-based motivation theory and other theories, and discusses the significant enlightenment for salary promoting mechanism by the theories. But, the salary promoting mechanism of managers must be established on certain theories as premises, so that the salary promoting mechanism can be exerted effectively, the supposition of"rational economic man"and the"Principal-Agent Theory"have provided theoretical premises, therefore, to promote the managers through salary gradually develops into the harmonization in benefits between surplus controls and surplus claiming, during the harmonization, the uncertain supervision cost and external environment are two primary factors which influence the development.Second, the paper conducts overall analysis on four development stages of salary promoting system of managers: fixed salary promoting system stage, profits- sharing salary-promoting system stage, share salary promoting system stage and surplus claiming-based salary promoting system stage. Actually, the development of the salary promoting system is centralized on one point, namely under the asymmetrical information and the inconsistent goals, the investors and the managers share the benefits and the risks together. Through the contrastive analysis, the paper finds that the long term promoting plans with stock option as the main form has become main means to motivate the managers in enterprises in developed countries, yet the domestic salary-promoting system still has abuses such as single structure in salary, insufficient contents, improper long-term motivation plans, for which, the work to improve and perfect is still in a long run.Third, based on the significance of accounting information to the salary-promoting mechanism of managers, the paper deeply analyzes the position, function and application trend of the accounting information in the salary promoting mechanism of managers. Regardless of short-term salary promoting system or long-term salary promoting system, to guarantee the reliable and associated contract indices to measure the efforts of managers is the key for the efficiency of the salary contract, the accounting information is not only directly used as contract indices in the salary contract of administration, but also supports to efficiency of capital market via reports disclosed to the public, which will directly influence the stock prices. Analyzed from another side, the application trend of accounting information in the salary promoting mechanism of managers is changing as well, which is embodied as fallacious decrease in the significance of the accounting information, and the motivation function of stock options is highlighted, and the quality of the accounting information receives more and more questions, yet it still could not reduce the feasibility to introduce the accounting information to the salary promoting system of managers.Finally, the paper discusses the design of the accounting information-based salary promoting system of managers. For the quality of accounting information directly influences the rationality of the salary promoting system of managers, therefore, the objectivity, fairness and correlativity of accounting information shall be the actual requirements of the salary promoting system of managers. So to choose reasonable accountant indices as the reference point for the salary promoting system of managers becomes much more important. In order to make salary promoting system of managers exert well, the selection of accounting indices shall transform from static accounting profits to dynamic profitability, from pure assets scale to profit ability, from short-term profit-making level to long-term sustainable development, and from the absolute index to the relative index.Meanwhile, the utilization of the salary promoting system of managers is limited, but the accounting information to be utilized must have influences to the decision-making of establishing the salary promoting system of managers and be feasible, so measures must be taken to guarantee the quality of accounting information, enhance the quality of accounting standards, properly adjust and perfect in time, strengthen supervision on the foreign information disclosed to the public, strengthen the outside auditing and supervision under the premise of full opposition, further improve interior structures of the enterprises and so on, all of which will be helpful in enhancing the quality of accounting information, enabling the salary promoting system to be established on a reliable platform, so as to guarantee the incentive mechanism to run in the sound environment.Based on the above research results, it is not difficult to see that the source of the salary promoting system of managers lies in the asymmetrical distribution of surplus claiming and the surplus controls, yet the starting point of motivation theories is based on the psychological induction logic so as to meet the demands of managers and induce the managers to work actively so as to realize the ultimate objective of investors. However, as an administrator with"limited rationality", its objectives of demands will be inevitable to differ with that of investors, accordingly, the design of the salary promoting system of managers shall borrow the motivation theories in the economics and the sociology, through the arrangement and restriction in system, the benefits and risks of two sides match with other, gradually harmonize and integrate individual goals and enterprises'goals so as to realize the enterprises'goals. Considering the position and effect of the accounting information in the salary promoting system of managers, it is required to fully guarantee the quality of accounting information and enables it to exert what it shall be, meanwhile, pay more attention to the influences of relevant factors to the salary promoting system of managers so as to further exert the salary promoting system of managers and to guarantee the performance to be scientific and effective to the maximum.Judging from the research conclusion, the salary promoting system of managers is a more complex system, and to design a scientific, reasonable and effective salary promoting system of managers is an arduous systems engineering, where various factors shall be unified and integrated so as to exert the mechanism and finally harmonize the benefits between investors and managers.