Executivecompensationaffectsfirm’sperformance-4000字-.docVIP

Content Abstract 1 1. 0 Introduction 1 2.0 Literature review 3 3.0 Data and methodology 8 3.1 Data collection 8 3.2 Methodology 9 4.0 Results and Analysis of data 10 4.1 The descriptive statistics analysis 10 4.1.1 The descriptive statistics analysis of firm’s performance 10 4.1.2 The descriptive statistics analysis of executive compensation 11 4.2 The correlation analysis 13 4.3 The regression analysis 17 5.0 Conclusion and future research 28 5.1 Conclusion 28 5.2 The future research 29 Reference 30  Executive compensation affects firm’s performance Abstract Executive compensation plays an important role in the sustainable development of enterprises. And this paper will focuses on the analysis of the relationship between executive compensation and firm’s performance that influence profitability and the competitive advantages. Through the theory analysis and the empirical research based on SPSS statistical software, this paper tests the null hypothesis and the testing results find out that there is no a significant relationship between CEO’s total compensation and ECO age and corporate performance. Besides, this validity and reliability should be strictly tested in the effective research approach in the future research that should pay more attention to the improvement of this research. 1. 0 Introduction The goal of this research paper is to analyze and test the null hypothesis, in which some testing variables such as total debt, leverage, CEO bonus, CEO ages, return on assets etc. are defined by the SPSS analysis process. Executive compensation is a complex and controversial subject which catches a widespread public and media attention for long times (Niu, F.F., 2006). There is an obvious trend that over the past 30 years the CEO pay rise substantially. For example, Bebchuk and Grinstein (2005) observe the SP 500 firms and get the result that average CEO compensation under an increase of 146% which soared from 3.7 million dollar in 1993 to 9.1 millio