高级管理人员工资与资本规模

Compensation of chief executive officer and capital scale

讨论了高级管理人员的收入形式对企业的资本规模选择的影响问题,指出了资本规模的边际利润率及波动状况对管理者选择资本规模具有重要的影响,当资本规模的增加能降低收益的波动状况时,管理者会提高资本规模;反之则会降低资本规模. 最后,给出管理人员收入形式的具体特征和设计要求, 指出管理人员工资的制定应与目标企业进行比较,并根据企业之间的相关性确定管理人员的工资.

The relevance of capital scale and compensation of chief executive officer is discussed. It shows that the margin return of capital scale influences manager to choice capital structure. To design wage for agitating manager efficiently, it is necessary to choose an abject firm. The return of object firm will determine manager compensation.