Dissertation > Excellent graduate degree dissertation topics show

Executive Compensation, Risk Taking and Corporate Performance

Author: SunZuo
Tutor: ZhengMing
School: Xiamen University
Course: Financial
Keywords: Executive Compensation Risk Taking Corporate Performance
CLC: F272.92
Type: Master's thesis
Year: 2014
Downloads: 11
Quote: 0
Read: Download Dissertation

Abstract


Conservative management may lead to reducing the business performance, and it’s not conducive to the long-term development of the company. Therefore, research on corporate performance and risk taking is important to the company’s business development. Research on the relationship among executive compensation, corporate performance and the risk taking is of important significance in establishing reasonable executive compensation, improving corporate governance mechanism and the long-term development of the company. Most research are on the relationship between executive compensation and corporate performance, few involved in study the relationship between executive pay and risk taking, this paper intends to make up the existing research problems through empirical research, and to provide practical suggestions for the mechanism of corporate governance.This paper selects the listing Corporation of Shanghai and Shenzhen A stock market in2003-2012as the research sample. Eliminated data for the research:1. Companies issue B shares and H shares at the same time.2. ST, PT company.3. The financial company.4. Companies that list after2004.5. Companies who are losing data.Data are from the stock database of GuoTai’an database (CSMAR).584companies are selected,and it Includes318state-owned enterprises and266non state owned enterprises.This paper use the method of panel data analysis to conduct an empirical study among the relationship of executive compensation, risk-taking and corporate performance, besides, this paper use description and regression analysis to research the total sample and state-owned enterprises, non-state-owned enterprises respectively. In the results, it reveals positive relation between corporate executive compensation and performance, and the effect of non-state-owned enterprises executive compensation on corporate performance is more sensitivity. Corporate performance has a significant positive correlation with the size of company, the proportion of independent directors, the proportion of management shareholding. Corporate performance has a significant negative correlation with ownership concentration and the asset-liability ratio; there is a positive correlation between risk-taking and executive compensation, risk-taking has a significant positive correlation with the proportion of management shareholding and the asset-liability ratio, risk-taking has a significant negative correlation with the size of company, ownership shareholding and the proportion of independent directors; study have shown that risk-taking and corporate performance have a positive correlation. Finally, according to the results, the relevant suggestions on practice are proposed. First, formulate related policies and measures through the administration executive compensation system to improve the corporate performance. Second, control the risk taking reasonably in the premise of executive compensation incentive to improve corporate performance. Third, optimize the corporate governance mechanism, in order to strengthen the positive promoting of executive compensation and risk taking on the corporate performance. Forth, we should speed up the transformation of the state-owned enterprises restructuring, standardize corporate governance mechanism of state-owned enterprises.

Related Dissertations

  1. Research on the Impact of Debt Financing Structure Upon Corporate Performance on Listed Pharmaceutical Company,F275
  2. State-owned and Family-owned Listed Company Governance Structure and Company Performance Correlation Comparison Research,F272;F224
  3. An Empirical Study on the Relation of the Managerial Ownership and Corporate Performance,F276.6
  4. The Empirical Research of Characteristics of Board, Associated Security and Corporate Performance,F832.51;F224
  5. Dynamic capabilities , brand building and business performance,F426.8
  6. The Empirical Study on the Relationship between Corporate Governance Structure and Performance in S&T SMEs,F224
  7. The Correlation Study on Stock Ownership Structure and Operational Performance of China’s Listed Companies,F276.6;F224
  8. Research of Relationship between State-owned Enterprises Social Responsibility and Corporate Performance Based on Stakeholders Aspect,F276.1;F224
  9. The Research of Top Management Team’s Pay Gap Effect on Corporate Performance on the Perspective of Endogenous,F224
  10. Empirical Research on State-owned Listed Companies Executive Compensation and Corporate Performance Relationship,F276.1;F224
  11. China Listed Company Executive Compensation Incentive and Performance Relation Study,F276.6;F224
  12. Research on Corporate Governance Mechanism Based on Listed Commercial Banks,F832.33
  13. Research on the Status and Utility of Implementation of Equity Incentive for Listed Companies in China,F832.51;F224
  14. Analysis of Relation between Ownership Concentration, Ownership Restriction and Firm Performance,F276.6;F224
  15. An Empirical Study on the Relationship of Information Disclosure of Corporate Social Responsibility and Corporate Performance in Chinese Listed Companies,F832.51;F224
  16. Research on Dorporate Governance and Firm Performance of Medium and Minor Listed Companies,F224
  17. Correlation Study on Institutional Investors and Corporate Performance,F832.51;F224
  18. An Empirical Study on the Relationship between Political Connections, Tax Subsidy and the Agricultural Listed Company’s Performance,F832.51;F224
  19. A Research on the Correlation of Management Equity Incentive and Corporate Performance of the Listed Companies in China’s SME Board,F276.3;F224
  20. The Empirical Analysis on China’s Commercial Banks Equity Structure and Risk-taking,F224
  21. Empirical Research on Small and Medium-sized Enterprises Board Structure and Corporate Performance,F832.51;F224

CLC: > Economic > Economic planning and management > Enterprise economy > Enterprise planning and management decision - making > Corporate Administration > Personnel Management
© 2012 www.DissertationTopic.Net  Mobile