An Empirical Research on Determinants of CEO Compensation Based on Chinese Public Companies

Author

Qi, Yue ; Hai-lin, Lan ; Luan, Jiang

Author_Institution

Sch. of Bus. Adm., South China Univ. of Technol., China

Volume

2

fYear

2008

fDate

19-21 Dec. 2008

Firstpage

37

Lastpage

40

Abstract

This research investigated determinants of CEO compensation, focusing the relation between ownership structure and CEO compensation based on a sample of Chinese public companies. In firms with dispersed ownership, CEO compensation is more strongly related to corporate size than that in firms with concentrated ownership, while CEO compensation is more positively related to corporate financial performance in firms with concentrated ownership than in firms with dispersed ownership. The founding also shows that the CEO will be paid more if there is a compensation committee in a company and corporate status can affect CEO compensation. In addition, firms with concentrated ownership perform better than firms with dispersed ownership and CEOs are motivated with more managerial ownership in latter than in former.

Keywords

financial management; organisational aspects; CEO compensation committee; Chinese public companies; chief executive compensation; corporate financial performance; corporate structure; managerial ownership structure; motivation; Companies; Conference management; Energy management; Engineering management; Financial management; Industrial engineering; Information management; Innovation management; Local area networks; Technology management; CEO Compensation; Concentrated Ownership; Dispersed Ownership; Ownership Structure;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Management, Innovation Management and Industrial Engineering, 2008. ICIII '08. International Conference on

Conference_Location

Taipei

Print_ISBN

978-0-7695-3435-0

Type

conf

DOI

10.1109/ICIII.2008.155

Filename

4737597