高管薪酬和团队特征对企业绩效的影响机制研究

How the Compensation and Characteristics of Top Manager Team Impact Enterprise Performance

根据代理理论、管家理论和分配正义理论,从薪酬水平、薪酬构成和薪酬差距三方面考察薪酬影响企业绩效的内在机制;以高管梯队理论等为基础,考察高管团队的规模、年龄、教育、任期和异质性等特征是如何影响企业绩效的。这对于打开高管薪酬和团队特征影响企业绩效的"黑箱",进一步做好相关实证研究,具有重要意义。

On the basis of the agency theory,stewardship theory and distributive justice theory,and from the aspects of compensation level,compensation structure and compensation gap,this article describes how compensation impacts on enterprise performance.At the same time,under the direction of the upper echelons theory,it discusses how the characteristics such as the size,age,education,tenure and heterogeneity of top manager team affect enterprise performance.This will help to open the ＂black box＂ concerning the compensation,team features and enterprise performance,and further improve the related empirical studies.