摘要
本文以沪深两市14家上市商业银行作为研究样本,使用其2003-2007年度财务数据,运用包含盈利性、流动性、安全性和成长性等指标体系对我国上市商业银行的综合绩效进行评价;然后运用最小二乘估计(OLS),对高管薪酬和公司综合绩效之间的关系进行实证分析。结果表明:高管薪酬与综合绩效呈正相关关系,且弹性系数大于0小于1,说明高薪有一定程度的激励作用但并不是越高越好。
By using samples of Chinese listed banks from 2003 to 2007, the paper makes an empirical analysis on the relationship between top-management compensation and listed banks＂ performance, with full consideration of the bankls distinct peculiarity compared with general enterprises. The result shows that top-management compensa- tion appears a significant positive correlation with bank performance,and its coefficient lack of elasticity, which means the higher pay couldntt lead to better performance.
出处
《上海金融》
CSSCI
北大核心
2009年第6期76-79,共4页
Shanghai Finance
关键词
薪酬激励
上市商业银行
综合绩效
Top-management Compensation
Listed Commercial Banks
Comprehensive Performance
