摘要
有效的企业经营绩效评价体系是公平合理确定经营者薪酬的关键。以国资委2010年开始对中央企业全面实施的经济增加值(EVA)考核为研究对象,利用2009-2010年A股上市公司数据,计算获得EVA指标,并实证检验EVA指标与高管薪酬的关联性。研究发现EVA指标对高管薪酬具有显著的正向影响,表明以反映高管能力素质的因子得分指标和EVA指标构成的企业经营者绩效评价体系是可行有效的。
An effective business performance evaluation system is the key to the fair and reasonable determination of operators＂ salary. This paper, taking the economic value added （EVA） check fully implemented to central enterprises by State Assets Administrative Committee in 2010 as the object, calculates and obtains the EVA index based on the listed company data of A stock from 2009 to 2010, and makes an empirical test on the correlation of EVA index and executive compensation. The result shows that EVA index has a signif- icant positive impact on executive compensation, reflecting that the business performance evaluation system composed of factor score in- dex indicating ability quality of senior executives and EVA index is feasible and effective.
出处
《长春大学学报》
2012年第7期809-814,共6页
Journal of Changchun University
基金
吉林省社会科学基金项目(2009B336)
关键词
上市公司
高管薪酬
经济增加值
实证研究
listed company
executive compensation
economic value added （EVA）
empirical research
