国有控股钢铁企业高管薪酬影响因素实证分析  

Empirical analysis of influence factors of executive compensation in owned listed steel enterprises

作　　者：侯锡林[1] 朱青[1] 张莉莉[1] 

机构地区：[1]辽宁科技大学工商管理学院,辽宁鞍山114051

出　　处：《辽宁科技大学学报》2012年第6期623-629,共7页Journal of University of Science and Technology Liaoning

基　　金：中国博士后基金项目(2012M511153);辽宁省教育厅项目(W2012045)

摘　　要：为了厘清国有控股钢铁企业制定高管薪酬的影响因素,选取了7个影响高管薪酬的内外部因素:存货周转、资产负债、企业绩效、企业规模、国有股比例、高管持股比例、独立董事比例,利用2009～2011年面板数据,采用广义最小二乘法,实证研究了所选因素的合理性及各因素对高管薪酬的影响向度。结果表明:所选因素对国有控股钢铁企业高管薪酬的共同影响显著,个别因素与高管薪酬呈十分微弱相关关系。因此,高管薪酬的制定仍需完善。In order to clarify the influence factors of executive compensation in owned listed steel enter- prises, seven internal and external factors are selected. According to the panel data from 2009 to 2011 and generalized least squares method, the reasonableness of the selected factors and influence dimen- sion on executive compensation are researched. The results show that： the combined effect of selected factors on executive compensation in listed state-owned steel enterprises is significant, and several fac- tors have a very weak correlation with executive compensation. Therefore, the formulation of execu- tive compensation still needs to be improved.

关 键 词：国有控股钢铁企业 高管薪酬 影响因素 实证分析 

分 类 号：F272.6[经济管理—企业管理]