高管薪酬、股权激励与公司绩效的相关性检验

国内外理论界对于高管薪酬激励与公司绩效关系的研究尚未得出较为一致的结论，尤其是在高管薪酬与其自身持股比例、高管薪酬与公司股权集中度上，在实证结果中存在较大分歧。因此，如何把影响高管薪酬激励水平和公司绩效的种种因素合理的纳入模型中就显得尤为关键。在综述前人研究成果的基础上，将上证180和深证100指数中的成分股作为样本，通过多元回归分析检验我国大型上市公司高管薪酬、股权激励与公司绩效的相关性，从而在理论上为我国高管薪酬制度改革提供一定的理论依据和实证支持。

Related Test of Executive Compensation, Equity Incentive and Corporate Performance

Domestic and foreign theorists have researched executive pay incentives and Corporate Performance has not yet reached a unanimous conclusion, especially in the ratio of executive pay to its own shareholders, executive pay and corporate ownership concentration, with large differences in the existing empirical results. Therefore, how bring influence the level of executive pay and company performance incentive factors into the model of reasonable is particularly critical. In the review on the basis of previous research, take Shangzhen 180 and Shenzhen 100 Index constituent stocks for a sample, tested by multiple regression analysis of large listed companies in China executive compensation, equity incentive and corporate performance relate, then provide a theoretical basis and empirical support.