A Empirical Study of the Determinants and Mechanism of Senior managers Compensation In Chinese Listed Private Companies

DOI

10.2991/icetms.2013.285How to use a DOI?

Keywords

senior managers; compensation; private companies; determinants; road path

Abstract

This paper is an empirical study of the determinants and mechanism of senior managers’ compensation. Previous studies found that senior managers’ compensation was an effective means to reduce the company's agency costs between shareholders and executives. But they did not reach a consensus about the determinants. We discussed a special company group, which are Chinese listed private companies. We research the determinants of the managers’ compensation, such as company scale and performance, governance mechanism, power of controlling shareholder. In addition, we research the medium role in these determinants. Then we draw the road path to test whether such a mechanism exists.

Copyright

© 2013, 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  - Yongdong Wang
AU  - Liejin Lu
PY  - 2013/06
DA  - 2013/06
TI  - A Empirical Study of the Determinants and Mechanism of Senior managers Compensation In Chinese Listed Private Companies
BT  - Proceedings of the 2013 Conference on Education Technology and Management Science (ICETMS 2013)
PB  - Atlantis Press
SP  - 1049
EP  - 1052
SN  - 1951-6851
UR  - https://doi.org/10.2991/icetms.2013.285
DO  - 10.2991/icetms.2013.285
ID  - Wang2013/06
ER  -