Analysis on Sky-high Compensation of Financial Executives

摘要：

Executive compensation is regarded as an effective incentive system to solve principal-agent problem and to maximize shareholder value．Executive compensation depends on all kinds of factors，both subjective and objective factors．This article analyzes reasonable factors for sky-high compensation in four aspects：corporate performance，supply and demand of financial talents，the effectiveness of payment incendve and the implementation of stock equity．Besides that,I also analyze the unreasonable factors and givesome advice for improvement．

关键词： Financial Industry Executive Compensation Reasonable Factors Problems and Advice

作者: LI Xiyuan LU Yang

作者单位: Economics & Management School Wuhan University,P.R.China,430072

会议类型: 国际会议

会议名称: 2008 Conference on Regional Economy and Sustainable Development(2008区域经济与可持续发展国际学术会议)

会议地点: 济南

会议语种:英文

页码: 573-577

在线出版日期: 2008-11-01（万方平台首次上网日期，不代表论文的发表时间）