摘要
本文选择深市和沪市14家上市银行2008-2011年的数据作为样本,利用多元线性回归对高管薪酬与财务绩效各方面的关系进行深入的实证研究。研究发现,高管薪酬与财务绩效中盈利性的关系不显著;成长性、流动性和综合的财务绩效对于高管薪酬有正向影响;安全性对高管薪酬影响显著;总资产报酬率对高管薪酬与盈利性的关系产生显著影响,而净资产收益率和每股收益对高管薪酬的正向影响并不显著。
This paper selects the data of the 14 listed banks in Shenzhen and Shanghai Stock markets as samples, using linear regression model to study the relationship between the banks＇ financial performance and executive compensation. The method of analyzing the data is empirical research. The result of the empirical research shows that profitability has remarkably positive influence on executive compensation. Growth, mobility and financial performance influence the executive compensation positively. Safety has remarkable influence on executive compensation. Rate of return on total assets mainly decides the relationship of profitability and executive compensation, on which Rate of return on net assets and Earnings per share have weaker influence.
出处
《中国人力资源开发》
北大核心
2013年第9期6-11,22,共7页
Human Resources Development of China
关键词
上市银行
高管薪酬
财务绩效
多元回归
Listed Banks
Executive Pay
Financial Performance
Multiple Regression
