摘要
合理的管理层激励机制是发挥管理层资本效用进而提高国有企业资本收益的有效途径。本文从高管薪酬、流通比例、资产负债率、公司规模、地区分布这五个因素出发,选取了90家上市公司作为研究样本,利用2013—2015年的面板数据,实证检验了国有企业管理层激励与国有资本收益的关系,并据此,从管理层激励角度,提出了提高国有资本收益的若干建议。
To improve the efficiency of state-owned capital gains,rational management incentive mechanism is an effective way. By executive compensation,the ratio of circulation,asset-liability ratio,company's size and the distribution,this paper chooses 90 companies as the sample,using panel data of2013—2015,empirical test shows the relationship of management incentive and state-owned capital gains,accordingly,we proposesome suggestions on how to improve the state-owned capital gains.
出处
《云南农业大学学报(社会科学版)》
2016年第6期83-87,共5页
Journal of Yunnan Agricultural University(Social Science)
基金
国家社科基金重点项目(14AGL007)
国家社科基金青年项目(13CGL024)
教育部人文社科基金项目(13YJA630007)
关键词
国有资本
管理层激励
面板数据
state-owned capital
management incentive
panel data