| 公司属性、经营绩效与经营管理团队薪酬——基于沪市上市公司的实证分析 |
| |
| 引用本文： | 张雪岷,张德明. 公司属性、经营绩效与经营管理团队薪酬——基于沪市上市公司的实证分析[J]. 商业研究, 2006, 0(23): 87-92 |
| |
| 作者姓名： | 张雪岷 张德明 |
| |
| 作者单位： | 1. 哈尔滨工程大学,经济管理学院,黑龙江,哈尔滨,150001
2. 北京大学,工商管理博士后流动站,首钢总公司劳动工资部,北京,100041 |
| |
| 基金项目： | 北京市优秀人才培养基金 |
| |
| 摘 要： | 以沪市上市公司为样本,采用逐步回归、聚类分析等方法对公司属性、经营绩效与公司经营管理团队薪酬之间的关系进行系统的实证分析。结果表明,公司经营管理团队薪酬水平与行业平均水平、地区平均水平、股权制衡度以及经营绩效呈现显著的正相关关系,与第一大股东持股比例呈负相关关系;公司在制定经营管理团队薪酬政策时,对行业平均水平的关注程度明显高于对地区平均水平的关注;公司股权相对集中时,经营绩效对经营管理团队薪酬水平的决定作用明显增强,而且此时用表征新财富创造的指标(每元净资产实现EVA)衡量公司经营绩效更为科学有效。
|
| 关 键 词： | 公司绩效 高管薪酬 上市公司 实证分析 经济增加值(EVA) |
| 文章编号： | 1001-148X（2006）23-0087-05 |
| 收稿时间： | 2006-03-27 |
| 修稿时间： | 2006-03-27 |
An Empirical Research on Corporate Attribute, Performance and Management Team Compensation |
| |
| ZHANG Xue-min,ZHANG De-ming. An Empirical Research on Corporate Attribute, Performance and Management Team Compensation[J]. Commercial Research, 2006, 0(23): 87-92 |
| |
| Authors: | ZHANG Xue-min ZHANG De-ming |
| |
| Affiliation: | 1. Shool of Economics and Management, Harbin Enginneering University,Harbin, Heilon~iang 150001, China 2. Postdoctoral Workstation of Busiuess Management ,Belting University, Beijing 100041 China |
| |
| Abstract: | By sampling SSE listed companies this paper demonstrates and analyses the relationship among corpnrate attribute,management performance and salary of manager by stepwise regression and system analysis.The results indicates,that manager′s salary positively correlates with industry average salary,area average salary,power balance with shareholder structure and company performance.It also negatively correlates with No.1 shareholder's share proportion.At framing policy of manager salary,company pays more attention to industry average salary than area average salary.Manager salary level depending on management performance will obviously boost up when share is relative concentration,and in this condition,the index expressing new fortune creation is a scientific and effective index in measuring company performance. |
| |
| Keywords: | corporate performance top management compensation listed companies economic value added(EVA) |
| 本文献已被 CNKI 维普 万方数据 等数据库收录！ |
|
