Empirical Analysis of Listed Company Ownership Structure and Executive Compensation

Executive compensation get more and more attention in academia and the community. The construction of rational manager compensation system is a core content of efficient governance, and many academicians start to carry on the analysis to corporate mangers´ compensation. In this paper, A-share non-financial listed companies of Shanghai and Shenzhen in 2010 are the objects of the study, considering the variables of a linear relationship between each other, respectively research the impact on executive compensation made by ownership structure and ownership concentration of listed companies in China. The study found: proportion of state-owned shares is negatively related to executive compensation, proportion of corporate shares and executive compensation exist significant positive correlation, proportion of the tradable shares and executive compensation show a weak positive correlation, ownership concentration negatively correlated with executive compensation.