With the rapid development of China's socialist market economy, the power industry has become a pillar industry for the development of the national economy. The reform of the electricity market system is also steadily advancing, and the competition among power companies is becoming more and more fierce. The effective improvement of the performance of power companies faces challenges. As an important part of the enterprise's human resources, executives play an extremely important role in the growth and steady development of the company; executive compensation can play a role in the strength of the company's senior management team and may affect the performance of the company. This paper analyzes and empirically studies the executive compensation incentives of listed companies in the power industry in 2017 and corporate performance. From the empirical analysis, it can be concluded that in the power industry, there is a significant positive correlation between firm size and executive compensation, and the correlation between corporate performance and executive compensation is not significant. Establish executive compensation and companies in listed companies in the power industry. The benefit-linked compensation management mechanism still has a long way to go. The conclusion of this study is of great significance and value for the salary management and enterprise performance improvement of power companies.
| Published in | Journal of Finance and Accounting (Volume 6, Issue 6) |
| DOI | 10.11648/j.jfa.20180606.12 |
| Page(s) | 141-149 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Listed Power Companies, Executive Pay, Business Performance
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APA Style
Qiaochu Li. (2018). Research on the Correlation Between Executive Compensation and Business Performance in Electric Power Listed Companies. Journal of Finance and Accounting, 6(6), 141-149. https://doi.org/10.11648/j.jfa.20180606.12
ACS Style
Qiaochu Li. Research on the Correlation Between Executive Compensation and Business Performance in Electric Power Listed Companies. J. Finance Account. 2018, 6(6), 141-149. doi: 10.11648/j.jfa.20180606.12
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Download@article{10.11648/j.jfa.20180606.12,
author = {Qiaochu Li},
title = {Research on the Correlation Between Executive Compensation and Business Performance in Electric Power Listed Companies},
journal = {Journal of Finance and Accounting},
volume = {6},
number = {6},
pages = {141-149},
doi = {10.11648/j.jfa.20180606.12},
url = {https://doi.org/10.11648/j.jfa.20180606.12},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20180606.12},
abstract = {With the rapid development of China's socialist market economy, the power industry has become a pillar industry for the development of the national economy. The reform of the electricity market system is also steadily advancing, and the competition among power companies is becoming more and more fierce. The effective improvement of the performance of power companies faces challenges. As an important part of the enterprise's human resources, executives play an extremely important role in the growth and steady development of the company; executive compensation can play a role in the strength of the company's senior management team and may affect the performance of the company. This paper analyzes and empirically studies the executive compensation incentives of listed companies in the power industry in 2017 and corporate performance. From the empirical analysis, it can be concluded that in the power industry, there is a significant positive correlation between firm size and executive compensation, and the correlation between corporate performance and executive compensation is not significant. Establish executive compensation and companies in listed companies in the power industry. The benefit-linked compensation management mechanism still has a long way to go. The conclusion of this study is of great significance and value for the salary management and enterprise performance improvement of power companies.},
year = {2018}
}
TY - JOUR T1 - Research on the Correlation Between Executive Compensation and Business Performance in Electric Power Listed Companies AU - Qiaochu Li Y1 - 2018/12/20 PY - 2018 N1 - https://doi.org/10.11648/j.jfa.20180606.12 DO - 10.11648/j.jfa.20180606.12 T2 - Journal of Finance and Accounting JF - Journal of Finance and Accounting JO - Journal of Finance and Accounting SP - 141 EP - 149 PB - Science Publishing Group SN - 2330-7323 UR - https://doi.org/10.11648/j.jfa.20180606.12 AB - With the rapid development of China's socialist market economy, the power industry has become a pillar industry for the development of the national economy. The reform of the electricity market system is also steadily advancing, and the competition among power companies is becoming more and more fierce. The effective improvement of the performance of power companies faces challenges. As an important part of the enterprise's human resources, executives play an extremely important role in the growth and steady development of the company; executive compensation can play a role in the strength of the company's senior management team and may affect the performance of the company. This paper analyzes and empirically studies the executive compensation incentives of listed companies in the power industry in 2017 and corporate performance. From the empirical analysis, it can be concluded that in the power industry, there is a significant positive correlation between firm size and executive compensation, and the correlation between corporate performance and executive compensation is not significant. Establish executive compensation and companies in listed companies in the power industry. The benefit-linked compensation management mechanism still has a long way to go. The conclusion of this study is of great significance and value for the salary management and enterprise performance improvement of power companies. VL - 6 IS - 6 ER -
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