Study On Compensation Model Of Senior Managers Of Listed Corporation

Nowadays, the social competition is so intense, and the senior manager is also a kind of important resources of the company. The senior manager is assuming the overall responsibility of the company’s management. They make the total target of the company’s management, and develop the general strategy of the organization. They make sure the general policies of the organization are scientific and reasonable. They are in charge of evaluating the whole performance of the organization. Obviously, for the company, senior management personnel are very important. As the owners of the company and operators of the company are different, so the owner will raise their pay. in order to encourage the top manager to work hard. However, in recent years, senior manager are often paid over high price, and this problem has got more social attention from the people of the all industries. People questioned if the senior manager are paid too much. From the beginning of 1999, China Securities Regulatory Commission requires listing Corporation to disclose compensation of senior managers in the annual report. This policy also shows that senior management as a very important human capital, whether their compensation is fair affect the interests of all parties of the enterprise, and at the same time got the ordinary people’s attention. In foreign country the research on compensation of senior managers are conducted earlier. And the research is started latest in our country. Through the all experts and scholars’ hard work, there are some achievements in the related fields. But there are still many problems which need to study.This paper refer many research results of experts and scholars at our state and abroad, analyzes the factors that influence the compensation of senior managers, and try to establish senior management personnel compensation model. And for conducts the research, this paper use the data of listed Corporation.This paper is divided into 6 parts. The first part is introduction, mainly introduced the research background and significance, domestic and foreign research present situation, research content, theoretical basis, research framework and research methods, innovation. The second part, an overview of relevant theories, introduces the related concepts of compensation and related theories of the senior managers. The third part: the analysis of influencing factors t. This chapter mainly conducts from external factors, internal factors, individual factors, analysis on the determinants of compensation.. The fourth part: the construction of model. Firstly expounds the model construction principle; secondly, establish model. The fifth part: test model, the correction of the model and the establishment of the final model. The sixth part: the conclusion and limitations. According to the analysis of the research conclusions above, and analyze the deficiency of the article and the need to further improved place.