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1、-technologyindustry,thenconstructedthelinearregressionmodelandtestedthecorrelationbetweenincentiveforthehighexecutivesandenterpriseperformanceusinghypothesistestinganalysis.Theconclusionsareasfollows:Fromthedescriptivestatistics,inChina'sinformationtechnologyindustry,theexecutives’annua
2、lcompensationinlistedcompaniesincreasesyearbyyear,andthegrowthrateisspeedingup,butthegapbetweenthecompanieshasalsoincreased;The“zero-holding”phenomenoninlistedcompaniesisverycommon,thevolumeofexecutiveOwnershipisnothighwithlowstakesandadownwardtrend.Fromthehypothesistesting,theexecutive
3、s’annualcompensationinlistedcompaniesissignificantlypositivelycorrelatedwithenterpriseperformance,anditsrelevancehastheoverallupwardtrend;Theexecutiveownershipisnotsignificantlycorrelatedwithenterpriseperformance.Tothescalegroups,studiesfinds,theexecutives’annualcompensationinthemediuma
4、ndlargebusinessissignificantlypositivelycorrelatedwithenterpriseperformance,andthesmallbusinessisnot;Regardlessofwhatscale,executiveownershipandcorporateperformancehavenotsignificantcorrelation.Takingthetwolevelinoneintoaccount,researchshows,ifthetwolevelinoneinlistedcompanies,theexecut
5、ives’annualcompensationandcorporateperformancehavenotsignificantcorrelation;ifnot,theyhavesignificantlypositivelycorrelation.Andifthetwolevelinoneinlistedcompanies,executiveownershipandcorporateperformancehavenotsignificantcorrelation;ifnot,in2006,ownershipandcorporateperformancehavesig
6、nificantlypositivelycorrelation.Thisshowsthatregardlessoftheexecutives’annualcompensationorexecutiveownership,thelistedcompaniesofthetwolevelnotinonehavebetterrelevancethanthoseofthetwolevelinone.Totheregionalgroups,studiesfindsthatonlyintheeasternregiontheexecutives’annualcompensationa
7、ndenterpriseperformancehaveasignificantpositivecorrelation,butinthecentralandwesternregions,thereisnosignificantcorrelation.Whatevertheregions,executiveownershipandenterpriseIV------performancearenotsignificantlycorrelated.Basedontheaboveresearch,weproposethefollowingmeasuresfo