我国上市公司高管薪酬信息披露研究——基于深圳证券交易所上市公司自愿披露的数据  

Research on the Disclosure of Executive Compensation Information in Chinese Listed Companies:Based on Voluntary Disclosure of Data by Listed Companies on the Shenzhen Stock Exchange

作　　者：苏力勇[1] 李名梁[1] SU Liyong;LI Mingliang(School of International Business,Tianjin Foreign Studies University,Tianjin 300204,China)

机构地区：[1]天津外国语大学国际商学院,天津300204

出　　处：《中国证券期货》2025年第2期43-48,共6页Securities & Futures of China

基　　金：国家社会科学基金一般项目“制度困境视角下全球投资治理变革的中国方案研究”(编号:22BGJ027)。

摘　　要：我国上市公司监管部门已经出台了一系列关于高管薪酬披露的法规和规范文件。在这些法规规范和对外披露的财务信息应该具有相关性等要求下,我国上市公司不仅应该披露高管薪酬的总金额,还需要披露高管薪酬各个组成部分的金额和薪酬的决定机制。本文根据对深圳证券交易所上市公司自愿披露的高管薪酬信息的研究,发现存在相关信息披露较为简略,特别是高管薪酬决定机制和薪酬结构披露不详细等问题。基于此,结合我国的法规规范和ESG考核体系等,提出了相应的改进建议。The regulatory authorities of listed companies in China have issued a series of regulations and normative documents on the disclosure of executive compensation.Under the requirements of these regulations and regulations,as well as the relevance of financial information disclosed to the public,listed companies in China should not only disclose the total amount of executive compensation,but also the amount of each component of executive compensation and the mechanism for determining compensation.According to the research on the voluntary disclosure of executive compensation information by listed companies on the Shenzhen Stock Exchange,it was found that there are issues with relatively brief disclosure of relevant information,especially the lack of detailed disclosure of executive compensation determination mechanisms and compensation structures.Based on this,combined with China's regulatory norms and ESG assessment system,corresponding countermeasures and suggestions were proposed.

关 键 词：高管薪酬 上市公司信息披露 财务信息相关性 ESG考核指标 

分 类 号：F275[经济管理—企业管理]