评析《大中型水利水电工程建设征地补偿与移民安置 条例》

为了更好地贯彻与落实新的《大中型水利水电工程建设征地补偿与移民安置条例》（国务院471号令）,做好大中型水利水电工程建设征地补偿与移民安置工作,对新条例的出台背景、理念,新条例对移民权益的表述,所体现的治理模式,对移民环境容量和资源环境可持续发展的重视等方面进行了分析,认为新条例的颁布与实施体现了我国水利水电工程移民安置工作转变了理念,加强了管理,进一步维护了移民权益,重视了移民环境容量问题。     

双重二元经济条件下失地农民补偿问题研究

本文以福建省为例,探讨失地农民问题形成的原因和双重二元经济条件下现行征地补偿标准的缺陷,指出随着工业化和城市化的发展单位农业用地产值和单位建设用地产值两者之间差距不断扩大,征地补偿标准应综合考虑土地的新用途对产值的边际贡献以及土地利用对当地GDP的贡献。     

异质机构投资者对高管薪酬的影响研究——来自A股上市公司的经验数据

以2012—2016年沪深A股上市公司为样本,从静态和动态两个角度实证研究异质机构投资者对上市公司高管薪酬的影响,结果表明：在高管薪酬方面,压力抵抗型投资者持股对薪酬总额的影响并不显著,而压力敏感型机构投资者则能显著提高薪酬总额;在高管薪酬变动速度方面,压力抵抗型机构投资者能够显著提升上市公司的业绩—薪酬敏感性,压力敏感型机构投资者的这一提升效果不显著;在高管薪酬变动幅度方面,A股上市公司高管薪酬普遍存在向下的粘性,相较于压力敏感型机构投资者,压力抵抗型机构投资者能够显著抑制高管薪酬粘性。     

分散决策下的双渠道供应链补偿策略——基于消费者渠道选择行为

为了有效解决由于对消费者的争夺从而引发的渠道之间关于定价、服务水平、利润等方面的冲突,基于消费者渠道选择行为,构建了网络直销市场与传统零售市场需求模型和双渠道供应链利润模型,运用Stackelberg模型,在制造商与零售商实施分决策时,通过制造商对零售商实施补偿激励前后的对比,分析了消费者渠道选择行为对网络直销渠道和传统零售渠道定价、制造商与零售商利润以及供应链总利润的影响,并求得最优定价及制造商的最优补偿额度和零售商的最优销售努力水平,进行了不同情况下的双渠道供应链利润的比较分析。结果表明,无论制造商是否实施补偿激励,都应随着网络消费者比例的增加而增加其网络直销价格;零售商的零售渠道价格应根据网络消费者比例的增加先降低到一定水平后再提升。当更多的消费者选择网络直销渠道时,制造商的补偿激励水平和零售商的销售努力程度均会下降。制造商应提高其补偿水平,进而激发零售商提高销售的努力水平,并使双方利润及供应链总利润最大化。研究结果为基于消费者选择行为的供应链补偿研究提供了新方法,对双渠道的供应链补偿研究有借鉴意义。     

CEO political ideologies and pay egalitarianism within top management teams

Research summary : We examine the influence of CEO and compensation committee liberalism on top management teams (TMT ) pay arrangements. Given that politically liberal individuals tend to value egalitarianism, we test whether firms with liberal CEO s tend to (1) reduce pay dispersion among non‐CEO executives; and (2) reduce pay gaps between CEO and non‐CEO executives, and whether compensation committee liberalism moderates these relationships. We find some evidence of a direct effect of CEO liberalism on TMT pay arrangements as well as some interaction between CEO and compensation committee liberalism on the pay arrangements. This study provides a better understanding of the antecedents of TMT pay arrangements and empirical evidence showing the influence of values at the top of organization . Managerial summary : Do the values of the CEO and compensation committee influence the pay of other top managers? Our study provides evidence that political ideology affects top manager pay. We examine whether CEO liberalism produces more egalitarian pay arrangements among top managers, and whether the liberalism of the compensation committee affects that relationship. We find that CEO liberalism reduces differences in the total pay among top managers, but does not influence the difference between CEO total pay and the total pay of top managers. We also find that compensation committee liberalism strengthens the negative influence of CEO liberalism on differences in total pay among top managers. Finally, we find that CEO liberalism reduces the difference between CEO bonus pay and the bonus pay of other top managers . Copyright © 2016 John Wiley & Sons, Ltd.     

Board structure and CEO compensation: Evidence from U.S. lodging industry

Using a sample of U.S. lodging firms, this paper examines the relationship between board of director characteristics and chief executive officer (CEO) compensation. Previous research shows that larger boards are detrimental to the effectiveness of the board of directors and deteriorate the control imposed on CEO actions and pay. Board independence is also suggested as an important quality to emphasize the control on the CEO. We propose that U.S. lodging firms’ board of directors provide a nice setting to investigate the effects of size and independence on CEO compensation level. Our findings suggest that CEO compensation is not related to board size, and positively related to proportion of the outside board members. These findings are contrary to the findings of previous studies. Our findings may provide significant insights to lodging firms’ board of directors to structure efficient compensation packages.     

“货币补偿”总是最优策略吗?——高星级酒店不同服务失误归因下的情境研究

酒店服务的异质性和顾客需求的多样性使得服务失误在所难免。服务补救成为酒店修复服务失误,赢得顾客口碑和再次光顾的重要举措。在酒店管理实践中,货币补偿颇受管理者青睐,通常被作为应对服务失误的首要选择。然而,货币补偿是否为服务失误发生时的最优选择?文章以高星级酒店为研究背景,对服务失误进行情境设计,检验不同失误归因下货币补偿和非货币补偿的补偿满意度差异。数据分析结果显示:酒店因素导致的服务失误情境下,相比货币补偿而言,非货币补偿具有更好的补偿效果;其他顾客因素和顾客自身因素导致的服务失误情境下,货币补偿与非货币补偿间没有显著效果差异。此外,补偿满意度对顾客信任、重购意向与口碑有显著正向影响。     

上市公司职业经理人薪酬与企业绩效关系的实证研究

本文主要讨论了我国上市公司职业经理入薪酬变动与企业绩效变动的关系。本文选取了2002年和2003年的上市公司年报中披露的业绩和职业经理入薪酬的数据,利用线性回归和相关分析法检验了我国上市公司职业经理入薪酬的激励制约机制。研究发现,职业经理入的薪酬变动与上年业绩相关性显著,并且随着经理入是否持股、国有股比例和公司所处地域的影响。而职业经理入本年薪酬变动与本年业绩变动的关系不明显,说明我国的激励机制有待完善。而且,职业经理入薪酬下降时导致本年业绩的下降,说明薪酬的制约机制有待建立。     

基于委托代理模型的销售人员报酬激励机制分析

以委托代理理论为基础,建立了销售人员激励的委托代理模型,通过推导,得出销售人员努力程度可以观测和不可观测下的最优激励合同,分析了销售人员激励程度的影响因素,具体探讨了企业外部环境不确定性、企业的销售管理水平和品牌影响力、销售人员的经验、能力和风险规避程度等因素对销售人员报酬激励机制设计的影响.