Management Incentives, Nature of Ownership and Risk Taking in China’s Listed Companies

DOI

10.2991/978-94-6463-835-6_110How to use a DOI?

Keywords

risk-taking; management incentives; nature of ownership

Abstract

This paper selects the data of Chinese listed companies from 2017–2019 to study the impact of management monetary compensation incentives and equity incentives on corporate risk-taking, and further studies the impact of management incentives on risk-taking of listed companies from the perspective of the moderating effect of the nature of property rights. The study shows that management incentives have a positive relationship with risk-taking, and nationalization of property rights attenuates the positive impact of management incentives on risk-taking.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Fang Gao
AU  - Yun Peng
PY  - 2025
DA  - 2025/09/17
TI  - Management Incentives, Nature of Ownership and Risk Taking in China’s Listed Companies
BT  - Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)
PB  - Atlantis Press
SP  - 1029
EP  - 1036
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-835-6_110
DO  - 10.2991/978-94-6463-835-6_110
ID  - Gao2025
ER  -