Management Incentive System in Business Groups

摘要：

Using a sample of listed subsidiaries and their parent companies, I study top executive incentive system in Chinese business groups. The empirical results support my prediction that the payperformance sensitivity of managerial compensation (CEO turnover) in a member firm is positively (negatively) related to the accounting performance of its parent company.

关键词： management incentives business group China

作者: YU Wei

作者单位: Finance School Shanghai Institute of Foreign Trade Shanghai, P. R. China

会议类型: 国际会议

会议名称: 2011 International Conference on Innovation and Information Management(2011年IEEE创新与信息管理国际会议 ICIIM2011)

会议地点: 成都

会议语种:英文

页码: 76-79

在线出版日期: 2011-01-14（万方平台首次上网日期，不代表论文的发表时间）