A Study on the Relationship Between Professional Managers’ Compensation and Companies Performance in Private Listed Companies

摘要：

This paper studies the relationship between the professional managers’ compensation and company performance according to the data of 358 Chinese private listed companies in a share market from 2006 to 2008. On the whole, the correlation between the professional managers’ compensation in money terms and the company performance is notable. While the correlation among professional managers’ stock compensation and the company performance isn’t notable. The same status exists in the private listed company in which the chairman holds a concurrent post of the CEO. However, if the chairman doesn’t hold a concurrent post of the CEO the correlation between both compensation in money terms stock compensation and the company performance wasn’t notable. The conclusion indicated the professional managers’ compensation system must be improved in Chinese private listed companies.

作者: Li Xiyuan Li Yun

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

会议类型: 国际会议

会议名称: The 7th International Conference on Innovation and Management(第七届创新与管理国际会议 ICIM 2010)

会议地点: 武汉

会议语种:英文

页码: 742-745

在线出版日期: 2010-12-04（万方平台首次上网日期，不代表论文的发表时间）