analysis of financial and insurance industry executives salaries and operating performance of the empirical analysis（分析金融和保险业高管薪酬和经营业绩的实证分析）.docVIP

Analysis of financial and insurance industry executives salaries and operating performance of the empirical analysis [Abstract] China’s finance and insurance issues related to executive pay has an impact on its market competitiveness, an important factor in this paper, China’s 28 listed companies in the financial performance of the insurance industry and the correlation between executive pay to the analysis and executives of listed companies effective incentive mechanism design and development of a number of recommendations. [Keywords] finance and insurance, executive compensation, related, company performance 1 Introduction In reality different companies pay executives large differences of the financial crisis makes the emergence of financial and insurance companies pay their executives has become the focus of attention in the national economy from the global economic crisis in the process of gradual recovery, the financial industry took on important role in the manufacturing sector is different, with a regulated financial industry, high debt, and consequently the financial company’s good or bad largely determined by the managers in financial companies, the remuneration of executives with the company’s performance exists between the internal consistency, which can not only solve the company’s principal - agent problem, and can effectively balance the volatility of the financial job market, the establishment of financial executives’ pay to company performance between the sensitive balanced development of sexual relations is an important means of financial markets. 2 Literature Review 2.1 foreign scholars of theoretical and empirical research First appeared on executive pay and business performance of related studies are Barrow, the studies suggest that executive pay vary depending on operating performance, measured by the index of stock returns and changes in cash proceeds, which fully reflects the stock options for executives the incentive ef