As China’s manufacturing industries’ structure upgrade, There are higher requirements for the executives. The executive incentation and restrictive mechanism has a great influence not only the manufacturing sector, will also affect China’s economic position in the world economy. This paper is based on the listed manufacturing companies executive compensation research, Through the analysis of the executive’s incentive and the relationship between executive pay and corporate performance. This paper selected2002-2008manufacture companies listed in shanghai and shezhen as a sample, using multiple linear regression to make an empirical analysis of executive salary impact factors.The result is that:executive salary is positively associated with roe,the total assets, the proportion of independent directors, a remuneration committee; ownership structure negatively correlated with executive compensation; Executive compensation-performance correlation is positive with state-owned, the largest shareholder, while the proportion of the largest shareholder with a negative correlation of correlation. |