A Empirical Study of the Determinants and Mechanism of Senior managers Compensation In Chinese Listed Private Companies
This paper is an empirical study of the determinants and mechanism of senior managers compensation.Previous studies found that senior managers compensation was an effective means to reduce the companys agency costs between shareholders and executives.But they did not reach a consensus about the determinants.We discussed a special company group, which are Chinese listed private companies.We research the determinants of the managers compensation, such as company scale and performance, governance mechanism, power of controlling shareholder.in addition, we research the medium role in these determinants.Then we draw the road path to test whether such a mechanism exists.
senior managers compensation private companies determinants road path
Yongdong Wang Liejin Lu
ShenYang Aerospace University Econimics-Management School ShenYang,China Liaoyang Vocational College of Technology Culture-Economics School Liaoyang,China
国际会议
南京
英文
377-380
2013-06-08(万方平台首次上网日期,不代表论文的发表时间)