Salary Incentives, Corporate Risk Exposure and Financial Investment Based on the Empirical Data of China's A-share Listed Companies
Available Online September 2019.
- https://doi.org/10.2991/jahp-19.2019.67How to use a DOI?
- salary incentives; corporate risk; commitment financial investment
- This paper selects A-share listed companies (non-financial industries) from 2010 to 2017 as a sample, and uses multiple linear regression models to empirically analyze the relationship between management compensation incentives, corporate risk-taking and corporate financial investment, and the paper also analyzes the mediating effect of enterprise risk taking between salary incentives and financial investment. The research results show that: management compensation incentives and corporate financial investment are positively related; management compensation incentives are significantly positively related to corporate risk exposure; risk exposure plays a partial intermediary role between management compensation incentives and corporate financial investment, namely management, and the impact of compensation incentives on corporate financial investment is partly achieved through risk exposure.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Wenshan Tang PY - 2019/09 DA - 2019/09 TI - Salary Incentives, Corporate Risk Exposure and Financial Investment Based on the Empirical Data of China's A-share Listed Companies BT - The 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019) PB - Atlantis Press SP - 313 EP - 318 SN - 2352-5428 UR - https://doi.org/10.2991/jahp-19.2019.67 DO - https://doi.org/10.2991/jahp-19.2019.67 ID - Tang2019/09 ER -