Proceedings of the 2021 2nd International Conference on Modern Education Management, Innovation and Entrepreneurship and Social Science (MEMIESS 2021)

The Impact Mechanism of Executive Incentive on Corporate Environmental Performance

Authors
Rong Wang, Liangcan Liu
Corresponding Author
Rong Wang
Available Online 29 July 2021.
DOI
https://doi.org/10.2991/assehr.k.210728.002How to use a DOI?
Keywords
Executive incentive, Equity incentive, Environmental performance, Green governance
Abstract

In China’s green governance project, enterprises occupy a dominant position. In recent years, in the field of corporate governance, executive incentive have become a common concern for academics and business owners. Therefore, how to formulate a reasonable and sound incentive mechanism to encourage executives to make more efforts in environmental governance, thereby improving environmental performance, has become the theme of this article. Instead of using external factors as the research theme in the previous studies, we take internal governance of enterprises as our main perspective, and use the literature research method to draw conclusions: excessive executive compensation incentive can inhibit corporate environmental performance; Appropriate equity incentive can promote the improvement of environmental performance; Compared with a single incentive method, the combination of two is more conducive. Therefore, in order to improve environmental performance, we suggest that enterprises should reasonably set the level of executive compensation, make good use of equity incentive, and effectively use a combination of incentive.

Copyright
© 2021, 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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Volume Title
Proceedings of the 2021 2nd International Conference on Modern Education Management, Innovation and Entrepreneurship and Social Science (MEMIESS 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
29 July 2021
ISBN
978-94-6239-410-0
ISSN
2352-5398
DOI
https://doi.org/10.2991/assehr.k.210728.002How to use a DOI?
Copyright
© 2021, 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/).

Cite this article

TY  - CONF
AU  - Rong Wang
AU  - Liangcan Liu
PY  - 2021
DA  - 2021/07/29
TI  - The Impact Mechanism of Executive Incentive on Corporate Environmental Performance
BT  - Proceedings of the 2021 2nd International Conference on Modern Education Management, Innovation and Entrepreneurship and Social Science (MEMIESS 2021)
PB  - Atlantis Press
SP  - 7
EP  - 11
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210728.002
DO  - https://doi.org/10.2991/assehr.k.210728.002
ID  - Wang2021
ER  -