The Performance, Characteristics of Capital Market and Executive CompensationIncentive of Listed Companies in China——Taking Listed Company in Hunan Province as An Example
The Performance, Characteristics of Capital Market and Executive CompensationIncentive of Listed Companies in China——Taking Listed Company in Hunan Province as An Example
Abstract This paper takes six-year panel data of 2005-2010 of 54 listed companies in Hunan as the sample and uses empirical test to fully investigate the performance, capital market characteristics and the executive compensation incentive of listed companies for the development. The empirical results show that performance, capital market performance improvement will help improve executive compensation. It is noteworthy that, listed companies mainly base on the performance of the year to develop executive compensation. The “hidden incentives” in the capital market really exists.
LIU Chang-Geng,WANG Wei,HU Meng. The Performance, Characteristics of Capital Market and Executive CompensationIncentive of Listed Companies in China——Taking Listed Company in Hunan Province as An Example. Economic Survey, 2014, 31(3): 090.
2014, Vol. 31 
