An Empirical Analysis of the Impact of Split-share Structure Reform on the executive compensation

被引：0

作者：

Zhang Qifeng ^{[1
]}

Ding Suli ^{[1
]}

Wang Junqiu ^{[1
]}

Dai Jiajun ^{[1
]}

机构：

[1] Shanghai Lixin Univ Commerce, Sch Accounting & Finance, Inst Accounting, Shanghai, Peoples R China

来源：

EBM 2010: INTERNATIONAL CONFERENCE ON ENGINEERING AND BUSINESS MANAGEMENT, VOLS 1-8 | 2010年

关键词：

Split-share Structure Reform; executive compensation; pay-performance sensitivity;

D O I：

暂无

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

Prior studies on the listed firms before the split-share structure reform find that the relation between executive compensation and performance is weak. This paper analyzes the impact of Split-share Structure Reform on the executive compensation contract. Firstly, we find that, compared with that of listed firms before split-share structure reform, the relation between executive compensation and performance in the listed firms after split-share structure reform is stronger. Secondly, compared with that of listed firms with split-share structure, the relation between executive compensation and performance in the listed firms without split-share structure is stronger.

引用

页码：1875 / +

页数：2