Effect Estimation On Executive Compensation Of Listed Financial Companies In China

China is in the rapid economic development period.Listed financial company is the central nervous system of economic development. Its operating conditions have a direct relationship to the economic stability and prosperity. Therefore, the pay's incentive of its executives valid or not seems very important. In the context of China's special economic, building an effective incentive mechanism to listed financial company's executive, making it to adapt the reality in China and promote economic development is the significance of this research.Through the study, authors suggest that incentive compensation to executives of listed financial is obviously unreasonable, administrative monopoly seriously affected. High proportion of fixed salary, the proportion of performance pay is low. Short-term incentive takes the important part in the incentive way, lack of long-term equity incentive and other useful incentives. In the listed financial four sectors, the pay levels have significant gaps.Combination of China's real economic and politic conditions, improving the market by the laws and regulations, adjusting the salary structure, diversifying effective way to improve executive compensation structure of listed financial companies, determining the powers of the perfect mechanism to pay, reputation mechanisms, incentives for executives are all need and very important. The strengthening of external regulation, information disclosure and business regulation must be perfected. Proposed the establishment of the special context of administrative monopoly market manages bold vision.