中国上市公司高管薪酬影响因素分析——来自制造业上市公司的证据

随着中国经济的快速发展,上市公司高管薪酬一直是各方关注的焦点。对2006—2011年六年内中国制造业上市公司的高级管理人员的薪酬状况和影响因素进行分析,发现,中国制造业上市公司高管的薪酬与公司绩效、企业规模和公司所在地区的市场环境有关,具体的影响关系是:高管薪酬与公司绩效和公司规模存在正相关关系,与公司所在地区的市场环境存在负相关关系,与高管持股比例相关性不显著。

Study on the Influence Factors of Executive Compensation of Publicly Listed Companies in China---Evidence from Manufacturing Listed Companies

Along with the rapid economic development of our country,the problem of executive compensation in the listed company has attracted a lot of attention.This paper studied the executive compensation and the factors which influence the executive compensation from 2006 to 2011 in China’s manufacturing industry.We found that there are positive correlations between executive compensation and corporate performance,firm size,is a negative correlation between executive compensation and the area of the company.and there is no correlation between executive compensation and the proportion of shares held.