我国上市公司高管薪酬与绩效相关性实证分析——基于“真空高管薪酬”理论  

Empirical Analysis on Relationship between Top Executive Recompense and Performance of Chinese Listed Companies——Based on Vacuum Executive Recompense Theory

作　　者：刘哲[1] 葛玉辉[1] 

机构地区：[1]上海理工大学管理学院,上海200093

出　　处：《华东经济管理》2011年第7期93-96,共4页East China Economic Management

基　　金：教育部人文社会科学研究项目(06JA630042);上海市(第三期)管理科学与工程重点学科(S30504)

摘　　要：文章以中国社会科学院公布的2009年中国上市公司100强公司治理评价报告以及各公司公布年报的基本数据为依据,并以"真空高管薪酬"理论为理论分析基础,研究了我国上市公司高管薪酬与公司绩效的关系。通过实证检验,得出我国上市公司高管薪酬与公司绩效没有表现出显著的线性相关关系,因此建议应完善公司高管薪酬结构,以提高公司高管薪酬机制的有效性。This article used the top 100 Chinese listed companies governance evaluation report which announced by Chinese Academy of Social Sciences in 2008. Based on the data released by the company annual report and the theory of ＂ vacuum top executive compensation＂ , the article studied the correlation between top executive recompense and performance of Chinese listed companies. Through empirical testing, it showed that there is no significant correlation between the linear. So the study proposed that improving the structure of top executive pay in order to enhance the effectiveness of the mechanisms.

关 键 词：高管薪酬 公司绩效 相关性 真空高管薪酬 

分 类 号：F272.92[经济管理—企业管理]