A Study on the Effect of Marketization Process to External Equity of Executive Compensation

摘要：

　　Under the background of economic transition and the concern of the compensation fairness,the effect of marketization process to external equity of executive compensation is explored in this paper.First,a model measuring external equity of executive compensation is established.Then with the above model a comparison of executive compensation among Chinese listed companies is made and the external equity degree of executive compensation is quantified.Finally,through empirical studies the significant positive correlation between marketization process and executive extra compensation is achieved.The results will provide reference for governments macro-control and companys internal governance.

关键词： marketization process executive compensation external equity

作者: Zhang Yuemei Wang Ying

作者单位: School of Business Management, Dalian University of Technology, Dalian, China, 116024

会议类型: 国际会议

会议名称: The 6th International Conference on Financial Risk and Corporate Finance Management(第六届(2014)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 53-56

在线出版日期: 2014-06-30（万方平台首次上网日期，不代表论文的发表时间）