Empirical Study on the Relationship between Salaries of Corporate Top Managers and Firm Performance
The paper made analysis of listed companies from 2004 to 2006 which were divided into two sub-samples respectively as state-owned listed companies and private listed companies. Results are obtained as follows: differences existed between state-owned listed companies and private listed companies in terms of the mechanism of salaries;top managers salaries were in steady weak positive correlation to firm performance and firm scale but not steadily correlated to the proportion of state-owned shares;within private listed companies, top managers salaries were not steadily correlated to firm performance, firm scale or the proportion of state-owned shares;salaries of top managers in both state-owned enterprises and private enterprises were under apparent influence of regional and industrial difference.
salaries of corporate top managers firm performance state-owned listed companies private listed companies
Xiang Xiao Jingli Sun
School of Economic and Management, Beijing Jiaotong University, Beijing, P.R.China
国际会议
2009 WASE International Conference on Information Engineering(2009年国际信息工程会议)(ICIE 2009)
太原
英文
944-947
2009-07-10（万方平台首次上网日期，不代表论文的发表时间）