Objective To study the correlation between executive compensation gap and R&D investment of pharmaceutical manufacturing enterprises in China by taking 53 pharmaceutical manufacturing companies in Shanghai and She...Objective To study the correlation between executive compensation gap and R&D investment of pharmaceutical manufacturing enterprises in China by taking 53 pharmaceutical manufacturing companies in Shanghai and Shenzhen stock exchanges from 2015 to 2017 as research samples. Methods Multiple linear regression methods was used to study the relationship and influence between executive compensation gap and R&D investment in pharmaceutical manufacturing industry based on championship theory and principal-agent theory. Results and Conclusion There is a significant positive correlation between executive compensation gap in pharmaceutical manufacturing industry and enterprise R&D investment. Listed pharmaceutical manufacturing enterprises should design reasonable salary gap between senior executives and carry out reasonable research and development activities to promote the sustainable development of pharmaceutical manufacturing enterprises. This study provides theoretical basis for optimizing executive compensation gap and increasing R&D investment in pharmaceutical manufacturing industry.展开更多
This study selected 473 local research articles on executive compensation from core journals in the China Academic Journals(CNKI)full-text database and the Chinese Social Sciences Citation Index(CSSCI)from 2003 to 202...This study selected 473 local research articles on executive compensation from core journals in the China Academic Journals(CNKI)full-text database and the Chinese Social Sciences Citation Index(CSSCI)from 2003 to 2020.Then,the bibliometric analysis method was adopted and conducted in regard to the number of articles published,authors,research institutions,high-frequency keywords,etc.In view of the increasing studies of this field,this study showed that a few scholars and institutions with high academic influence have been involved in the research on executive compensation gap in China.The results from this study revealed that the research on the relationship between executive compensation gap and firm performance as well as the moderating variables between them were topics of interests.In the context of the increasing compensation gap which had become a global interest,the research on management power and promotion incentives have established their significance as important research frontiers.展开更多
文摘Objective To study the correlation between executive compensation gap and R&D investment of pharmaceutical manufacturing enterprises in China by taking 53 pharmaceutical manufacturing companies in Shanghai and Shenzhen stock exchanges from 2015 to 2017 as research samples. Methods Multiple linear regression methods was used to study the relationship and influence between executive compensation gap and R&D investment in pharmaceutical manufacturing industry based on championship theory and principal-agent theory. Results and Conclusion There is a significant positive correlation between executive compensation gap in pharmaceutical manufacturing industry and enterprise R&D investment. Listed pharmaceutical manufacturing enterprises should design reasonable salary gap between senior executives and carry out reasonable research and development activities to promote the sustainable development of pharmaceutical manufacturing enterprises. This study provides theoretical basis for optimizing executive compensation gap and increasing R&D investment in pharmaceutical manufacturing industry.
文摘This study selected 473 local research articles on executive compensation from core journals in the China Academic Journals(CNKI)full-text database and the Chinese Social Sciences Citation Index(CSSCI)from 2003 to 2020.Then,the bibliometric analysis method was adopted and conducted in regard to the number of articles published,authors,research institutions,high-frequency keywords,etc.In view of the increasing studies of this field,this study showed that a few scholars and institutions with high academic influence have been involved in the research on executive compensation gap in China.The results from this study revealed that the research on the relationship between executive compensation gap and firm performance as well as the moderating variables between them were topics of interests.In the context of the increasing compensation gap which had become a global interest,the research on management power and promotion incentives have established their significance as important research frontiers.