上市公司高管薪酬与公司业绩发展成长实证研究毕业论文.docVIP

毕业论文 （20_ _届） 上市公司高管薪酬与公司业绩发展成长实证研究 摘 要 高层薪酬问题一直以来是与整个公司的发展休戚相关的，也一直是一个焦点问题，特别是如今上市公司在我国的社会经济地位不断提升，上市公司的高层薪酬问题更加成为众人关注的焦点。随着企业的经营权和所有权的分离，迫使许多企业家不得不面对如何平衡管理层与公司利益之间的矛盾等问题，也使高层薪酬与公司业绩发展成长之间的问题日益显得明显。 在这些上市公司里，由于两权的分离，可能会导致高级经理人的行为目标可能与所有者股东的目标相违背，从而产生代理问题，而通常上市公司通过激励机制和公司治理机制解决代理问题。激励机制是通过薪酬与企业业绩挂钩来激励高层采取与所有者目标相一致的经营措施的机制，而公司治理机制则是调整所有权结构以增强股东对高层的影响从而对高层的管理进行监督与控制。而这两大机制也是对公司薪酬产生重大影响的机制。然而仅仅只靠机制的建立是完全不够的，还需要合理利用机制的运行来调整高层对于公司的管理。 本文是以会计的角度，从如何发展企业业绩为着眼点，探讨高层薪酬与企业业绩发展成长之间的关系。选取数据及样本（数据为在沪深两市上市的宁波上市公司，选取2006年至2009年四年的数据）进行研究，分析高层薪酬与公司业绩发展成长之间的关系，并统计数据得出结论和相关意见建议。 关键词：高管薪酬；公司业绩；实证研究 Abstract Executive compensation issue is an important with the companys development of solidarity, especially nowadays listed companies in China continued to improve the socio-economic status, so that more and more people began to pay attention to the executive compensation of listed companies. With the corporate management and ownership separation, forcing many entrepreneurs have to face many issues like how to balance the contradictions between the interests of management and the conflicts, and so on, but it also to highlights the issue between the development of executive compensation and corporate performance. In these listed companies, because of the separation of the two rights may lead to the goal is not the same about the behavioral of senior managers and interest of the shareholders, and resulting in agency problems, so that usually the listed company incentives and corporate governance mechanisms to address agency problems. Incentives is a management measures consistent with the corporate performance and the pay of all people, the adjustment of corporate governance is to enhance the ownership structure of shareholders to senior management on the high-level supervision and control, and these two mechanisms is also a significant impact on the company pay mechanism. However, only the establishment of mechanisms alone is totally inadequate, but it also had rational use of mechani