Senior Management Incentive and Corporate’s Value

DOI

10.2991/gecss-14.2014.84How to use a DOI?

Keywords

corporate governance structure, salary incentive, Tobin-q

Abstract

It has been the focus of attention for all parties that how to encourage enterprises senior managerial personnel. As the important measurement of the corporate value, Tobin-q provides important guidance for management compensation. Based on the data of the public listed companies in China, This paper investigates company values and the relationship between the Tobin-q value and senior management’s salary incentive. We find that the annual incomes of senior are highly related with Tobin-q value and q-value elasticity of the salary level increases if q-value decreases.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xueqin Jiang
AU  - Ian Liu
PY  - 2014/01
DA  - 2014/01
TI  - Senior Management Incentive and Corporate’s Value
BT  - Proceedings of the 2014 International Conference on Global Economy, Commerce and Service Science
PB  - Atlantis Press
SP  - 334
EP  - 337
SN  - 1951-6851
UR  - https://doi.org/10.2991/gecss-14.2014.84
DO  - 10.2991/gecss-14.2014.84
ID  - Jiang2014/01
ER  -