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1、AbstractAbstractNowadays,thepublicpaysmoreattentiononthebenefitsofCEOsofbanksandsuspectwhetherthegoodbenefitscouldbringthebanksbetterperformance.TherearesomedifferentontheresultbetweentheChinesescholarsandforeignscholarsbecauseoftheindexselection.So,inthisarticle,
2、weselectsufficientrelativevariables,thenusingPrincipalComponentAnalysistocomputecomprehensiveperformancescoretofoundtherelationshipbetweentheCEOspaymentandcomprehensiveperformance.Weselecteightjoint-equitybanksincludingChinaMerchantsBank,ChinaCiticBank,ShanghaiPud
3、ongDevelopmentBank,ChinaMinshengBankingGroup.Ltd,ChinaEverbrightBank,IndustrialBankCo.Ltd,HuaxiaBank,ShenzhenDevelopmentBankasourresearchtargetinordertoofferaproposaltoJoint-stockcommercialBankstothecompensationcommitteeabouttheCEOspayment.Firstofall,thisarticleus
4、equalitativeanalysisintherelationshipbetweenCEOspaymentandcomprehensiveperformance,thenfoundthatproblemsaboutthelargedifferenceamongthepaymentsofCEOs,irrationalpartsofthepaymentsandlittlerelationshipwiththecomprehensiveperformance.Second,wecanseethattheCEOs’benefi
5、tsandbanks’comprehensiveperformancehaveapositiverelationshipfromquantitativeanalysisofmultipleregressions.However,theresultaboveisdifferentfromtheresultformqualitativeanalysis,weusingqualitativeanalysisasthecriterionandbelievethattheperformanceisthebasicofexecutiv
6、epay.CEOsareencouragedbythehighpayments.Inaddition,thisarticlealsousetheregressionanalysisonthedelayinpayment,stockownershipincentive,andbanksperformance,researchtheireffectonthebankscomprehensiveperformance.Thisarticlealsoprovidesempiricalbasisforotherbankswhethe
7、rtoofferdelayinpaymentandstockownershipincentive.Besides,thedelayinpaymentsisnotexistinthepreviousresearch.WefoundthatthedelayinCEOs’paymentcouldgiveagoodexplanationonthebanks’comprehensiveperformanceandhasapositiverelationshipwiththeIAbstractcapitaladequacyratio,
8、apassiverelationshipwiththenon-performingloanratio.CEOstockownershipincentivehasnoeffectonbanks’comprehensiveperformanceandotherfactors.Atlast,thisartic