Senior Management Incentive and Corporate’s Value
Xueqin Jiang, Ian Liu
Available Online January 2014.
- https://doi.org/10.2991/gecss-14.2014.84How to use a DOI?
- corporate governance structure, salary incentive, Tobin-q
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
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 - https://doi.org/10.2991/gecss-14.2014.84 ID - Jiang2014/01 ER -