A Research on the Salary of Executives in Chinese Listed Financial Companies and Corporate Performance

被引:0
|
作者
Zhang Xiaohui [1 ]
Wang Ligang [1 ]
机构
[1] Changchun Univ, Coll Management, Off China Railway Bur 13, Changchun 130022, Peoples R China
关键词
Senior Managers; Compensation; Corporate Performance; Chinese Listed Financial Companies;
D O I
暂无
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
In this paper, the authors study the correlation between the salaries of executives in the Chinese financial industry and corporate performance based on the Principal-Agent Theory. The study found out that the correlation between executives' salaries and corporate performance is weak especially in Chinese listed financial companies. This implies that the salary based incentive mechanism may not work well in terms of improving corporate performance. At the end of the paper, the authors propose several suggestions in promoting corporate performance of Chinese listed financial companies based on the current status of executives' performance.
引用
收藏
页码:141 / 148
页数:8
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