Research on the Effectiveness of Top Management Compensation Encouragement in Driving Biopharmaceutical Enterprise Performance
In this paper, we study the effectiveness of top management compensation encouragement in driving biopharmaceutical listing enterprise performance in 2006-2008. The results show that percentage of the total compensation in the average annual market value of top management shareholding, per capita total compensation of top management and growth rates of per capita total monetary compensation that top management obtains can promote firm performance significantly. When the population proportion of top management that owns stock is low, the top management stock ownership has a negative impact on firm performance.
top management compensation structure compensation level compensation changes
SONG Tao
School of Economics, Yangtze University, P.R.China, 434020
国际会议
威海
英文
707-713
2010-07-24（万方平台首次上网日期，不代表论文的发表时间）