Salary Incentives, Corporate Risk Exposure and Financial Investment Based on the Empirical Data of China's A-share Listed Companies

DOI

10.2991/jahp-19.2019.67How to use a DOI?

Keywords

salary incentives; corporate risk; commitment financial investment

Abstract

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.

Copyright

© 2019, 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  - 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  - Proceedings of 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  - 10.2991/jahp-19.2019.67
ID  - Tang2019/09
ER  -