DocumentCode
3157421
Title
Notice of Retraction
The effect of CEO human capital, corporate characteristic and inter-firm networks on CEO compensation
Author
Haiyan Duan
Author_Institution
Sch. of Manage., Henan Univ. of Sci. & Technol., Luoyang, China
fYear
2011
fDate
8-10 Aug. 2011
Firstpage
5906
Lastpage
5910
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Using the listed company´s accounting report of Shanghai, we explore the determinants of CEO compensation. Based on the traditionally studied determinants, CEO human capital characteristic and the characteristic of the firm for example, we investigate the effect of firms´ network on CEO compensation especially, and the relationship between them. We find that the scale of the firm and the number of direct interlocking to be the predominant influences on CEO compensation, while the performance of the firm, CEO human capital exhibit insignificant influences on CEO compensation, so we conclude that there lacks of effective incentive mechanism in Shanghai´s listed companies. The finding of CEO compensation and the interlocking number interact as both cause and effect, offer a useful point of reference to “the interlocking directorates, as one of the most important firms´ network, is only the correspondence of the directors social network that intended built by the directors”. Implications for future research and practice are discussed.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Using the listed company´s accounting report of Shanghai, we explore the determinants of CEO compensation. Based on the traditionally studied determinants, CEO human capital characteristic and the characteristic of the firm for example, we investigate the effect of firms´ network on CEO compensation especially, and the relationship between them. We find that the scale of the firm and the number of direct interlocking to be the predominant influences on CEO compensation, while the performance of the firm, CEO human capital exhibit insignificant influences on CEO compensation, so we conclude that there lacks of effective incentive mechanism in Shanghai´s listed companies. The finding of CEO compensation and the interlocking number interact as both cause and effect, offer a useful point of reference to “the interlocking directorates, as one of the most important firms´ network, is only the correspondence of the directors social network that intended built by the directors”. Implications for future research and practice are discussed.
Keywords
incentive schemes; organisational aspects; salaries; CEO compensation; CEO human capital characteristic; Shanghai; company accounting report; corporate characteristic; firm characteristic; incentive mechanism; interfirm network; interlocking directorates; Companies; Correlation; Economics; Education; Humans; Remuneration; CEO compensation; CEO human capital; characterisctics of the firm; inter-firm network;
fLanguage
English
Publisher
ieee
Conference_Titel
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location
Dengleng
Print_ISBN
978-1-4577-0535-9
Type
conf
DOI
10.1109/AIMSEC.2011.6009717
Filename
6009717
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