摘要
人力资本是公司创新的源泉,治理结构是公司利益合理分配的保证。对沪深两市2007-2011年52家能源类上市公司面板数据的实证研究发现:人力资本上,员工人数与高管—员工薪酬差距显著正相关,高管人数、企业接受高等教育员工比例呈现行业异质性;治理结构上,董事会规模与高管—员工薪酬差距负相关,两职合一、独立董事制度无显著影响。基于人力资本、治理结构视角,对能源类上市公司薪酬差距的实证研究将为上市公司的薪酬设计和员工管理提供有效指导。
Human capital is the source of corporate innovation ,and governance structure is a guarantee of a company's reasonable distribution of interests .An empirical study was done based on panel data of 52 listed energy companies over the period of 2007 -2011 ,focusing on the characteristics of human capital , corporate governance structure and the relationship of executive-employee emolument gap .T he results in-dicate that the number of employees has significant positive correlation with the emolument gap ,but the coefficients of the number of top management and employees with higher education are significantly different for different industries .Governance structures symbolized by independent director system and CEO duality do not effectively reduce internal pay gap ;the number of board of directors and executive-employee emolument gap are negatively correlated .An analysis of energy listed companies from the perspective of hu-man capital ,governance structure will give insight to emolument design and staff management .
出处
《中国海洋大学学报(社会科学版)》
CSSCI
2014年第3期54-60,共7页
Journal of Ocean University of China(Social Sciences)