外部治理环境、控制权私有收益与上市公司高管晋升效率被引量：6

External Government Environment,Private Benefits of Control and the Efficiency of Executive Promotion in Listed Companies

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摘要本文以2001—2012年中国上市公司中高管晋升数据为样本,分析了大股东控制权私有收益影响高管晋升效率的情况。研究表明,控制权私有收益显著降低了高管晋升与企业业绩之间的正相关关系;当上市公司所处地区外部法律环境较差或所处行业竞争较弱时,这种降低企业高管晋升效率的情况更为显著。 Based on the data of China’s A-share listed companies from 2001 to 2012,this paper investigates how the private benefits of controlling shareholder affects the efficiency of executive’s promotion.It is found that the private benefits of control effectively lessen the obvious relationship between the executive’s promotion and firm performance, especially when external legal environment is poor or trade competition level is low.

作者戴德明王茂林林慧婷

机构地区中国人民大学商学院

出处《经济与管理研究》 CSSCI 北大核心 2015年第1期123-131,共9页 Research on Economics and Management

基金国家自然科学基金项目"基于会计制度变迁的所得税会计信息有用性研究"(71272152) 中国人民大学研究品牌计划"发展会计管理活动论"(10XNI010) 中国人民大学科学研究基金(中央高校基本科研业务费专项资金资助)"产品市场竞争与企业创新"(14XNH240)

关键词高管晋升效率控制权私有收益法律环境产品市场竞争 efficiency of executive promotion private benefits of control law environment product market competition

分类号 F275 [经济管理—企业管理]

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