Determination of Entrepreneurial Compensation: Theoretical and Empirical Research

Author: Zhang Zhengtang
Publisher:
Publish Date: 2003-03-01
Features: Research on executive compensation has a long history abroad. However, as the author points out, on one hand, studies conducted by different scholars from various perspectives have led to inconsistent or even contradictory conclusions. On the other hand, due to differences in national conditions, it remains to be tested whether these research findings are applicable to Chinese enterprises. Based on a comprehensive understanding of international academic trends in this field and China's actual situation, the author conducts insightful analysis and commentary. Systematically and dialectically, the author examines the factors determining executive compensation, establishes theoretical hypotheses, and tests them using data from Chinese listed companies, proposing a series of innovative theoretical perspectives.