经营者薪酬与企业绩效相关性研究  

Research on the Correlation between Manager Remuneration and Enterprise Performance

作　　者：杨水利[1] 党兴华[1] 王辉[1] 吕瑞[1] 

机构地区：[1]西安理工大学工商管理学院,陕西西安710054

出　　处：《西安理工大学学报》2009年第1期120-125,共6页Journal of Xi'an University of Technology

基　　金：国家社会科学基金资助项目(05XJY013)

摘　　要：经营者薪酬与企业绩效相关性问题的研究是构建科学合理的经营者薪酬制度的理论依据。以制造业国有企业2005～2007年数据为样本，对我国上市公司经营者薪酬与企业绩效相关性进行实证研究。运用多元回归分析方法，引入年度虚拟变量，构建企业规模、地区为控制变量的经营者薪酬与企业绩效回归分析模型。研究表明：制造业国有企业经营者薪酬与企业绩效存在正相关关系，年度虚拟变量与经营者薪酬指标无显著相关关系，大型企业的经营者薪酬对企业绩效有显著性影响，经营者薪酬与企业绩效的相关性与企业所在地区的经济发达程度正相关。Research on the issue of correlation between manager remuneration and enterprise performance is the theory basis of establishing scientific remuneration system for manager. With data of state-owned enterprises （SOE） in manufacturing from year 2005 to 2007, the correlation between the manager remuneration and performance of the listing SOE was analyzed by empirical study. The application of multivariable regression analysis and the introduction of annual dummy variables establish the regression analysis model for the manager remuneration and enterprise performances with the enterprise scales and regions as the control variables. The research results indicate that there exists a positive correlative relationship between the manager remuneration of SOE in manufacturing and the enterprise performances, and that there is no significant correlative relationship between the annual dummy variables and the manager remuneration indexes, but the manager remuneration of large-scale enterprise can have a significant effect upon the enterprise performances. Accordingly, the correlative relation between the manager remuneration and enterprise performances is in positive correlation with the economic development degrees in the regions where the enterprises are located.

关 键 词：经营者薪酬 企业绩效 相关性研究 

分 类 号：F276[经济管理—企业管理]