Influencing Factors of CFO Compensation of Listed Companies: Evidence from China Listed Companies

Based on the Shenzhen and Shanghai A-share listed companies as the research sample data, this paper analyzes CFO´s professional background, and inspect empirically the influence of CFO´s professional background on the compensation characteristics. The evidences of the study show that, every CFO professional background characteristics all have certain effects on the compensation, including more significant influence of the total assets of listed company, CFO holding concurrent posts of other senior managers in company and the education background of them, comparatively the influence of net assets yield rate and age are weak. Through the professional background research of listed company CFO compensation status, it has definite instruct meaning for the deep discussion on management of CFO and development of CFO compensation system in China.