摘要
在当前的市场环境下,企业都面临着激烈的市场竞争,而高管作为企业的核心人才,他们的管理和决策会直接关系到企业未来的发展,但由于经营权和所有权的分离,导致高管在进行决策的时候会有自利趋向,这时高管激励就显得非常重要。通过对高管进行激励能够使高管的个人利益和公司利益相结合,而内部控制又是企业的基础保障,高管为了获得更多的收益有动机加强内控,提高内控质量,进而可对企业产生积极影响。采用不同的高管激励制度会对企业内部的控制质量有不同的影响,文章因此采用沪深两市A股上市公司的共26547个面板数据,旨在探讨高管激励中的股权激励对企业的内部控制质量的影响,并介绍了股权激励的定义和类型,实证分析了高层管理人员股权激励对企业内部控制质量的关系。
In the current market environment,companies face intense competition.As core talents of enterprises,senior executives'management and decision-making directly affect the future development of the company.However,due to the separation of operating rights and ownership,executives tend to act in their own interests when making decisions.Therefore,executive incentives become crucial.By providing incentives to executives,their personal interests can align with the company's interests.Internal control is the fundamental guarantee for enterprises.Executives have the motivation to strengthen internal controls and improve their quality to gain more benefits,thereby positively impacting the company.Different executive incentive systems have varying effects on the quality of internal control within enterprises.This paper uses 26,547 panel data from A-share listed companies on the Shanghai and Shenzhen stock exchanges to explore the impact of equity incentives in executive incentives on the quality of internal control.It defines equity incentives and introduces their types,and empirically analyzes the relationship between senior management equity incentives and the quality of internal control.
作者
张文莎
ZHANG Wensha(School of Economics and Management,Shenyang Ligong University,Shenyang 110000,China)
出处
《商业观察》
2025年第34期71-76,共6页
BUSINESS OBSERVATION
关键词
高管
股权激励
内部控制质量
senior executives
equity incentives
quality of internal controls
