The Correlation between the Salary Structure of Senior Management and Performance in Listed Companies

摘要

This paper chooses listed company in Shenzhen and Shanghai Stock Exchange as samples and selects long-time window data and it analyses the correlation between the salary structure of senior management and performance in listed companies. The research result implies from 2004 to 2008, senior management in listed companies are changing slowly, with holding-gains rate increasing year by year yet still smaller than monetary compensation, which works as long-time incentive. Through packet inspection of capital scale, industry, equity nature and areas in the total sample, they are all critical factors in correlation between the salary structure and performance.