上市公司内部控制质量对高管薪酬的影响——基于企业业绩传导效应的研究-企业管理专业论文.docxVIP

Abstract Abstract The development of internal control in our country started 1990s. With 20 years development, the enterprise internal control is not only a means of government regulators that use to prevent accounting information distortion now, it also has effects on all aspects of the enterprise and can effectively control a variety of internal and external risks which the enterprise faced in the production and operation. Besides, it can promote the improvement of efficiency and effectiveness of enterprise management and strategic target realization, and finally can affect the success or failure of an enterprise’s management and operation. In recent years, however, most enterprises exposed some financial frauds and information disclosure violations and other familiar matters, this is undoubtedly a demonstration of internal control function weakening. It is very necessary to relate managers implementation of fiduciary duty to their payment to strengthen the management’s fiduciary duty to establish effective internal control. Therefore, to explore how to improve internal control by constraining top managers compensation to ensure enterprise’s good development is a subject that has important practical and theoretical significance. This research sample is based on the data of Shanghai A-share main board listed companies from 2010 to 2012; it adopts a research thought called “internal control quality to corporate performance to executive compensation . The empirical analysis is focused on the internal control impact path and its effects on executive compensation. Firstly, this paper introduces domestic and foreign research literature briefly, and then explores corporate performance intermediary effect between the internal control quality and executive compensation on the basis of internal control theory, disclosure of internal control information theory, executive compensation contract theory and human capital theory. Secondly, according to the principle of mediating