Title :
Notice of Retraction
Executive Compensation Structure and Corporate Performance: An Empirical Evidence from Chinese Listed Companies
Author_Institution :
Huazhong Univ. of Sci. & Technol., Wu Han, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Using comprehensive financial and accounting data on Chinese listed companies in 2007, this paper examines executive compensation structure. I find that corporate performance is positively related to the percentage of equity-based compensation to total compensation. I also find that equity-based compensation has a positive impact on the company´s financial performance, and higher than on the market performance. Finally, the nature of state-owned enterprises helps to improve the financial performance, but not to improve market performance.
Keywords :
corporate acquisitions; financial management; Chinese listed companies; accounting data; comprehensive financial data; corporate performance; equity-based compensation; executive compensation structure; financial performance; market performance; Asset management; Business; Companies; Conference management; Data engineering; Engineering management; Financial management; Industrial relations; Packaging; Technology management; compensation structure; executive compensation; firm performance; incentive compensation;
Conference_Titel :
Services Science, Management and Engineering, 2009. SSME '09. IITA International Conference on
Conference_Location :
Zhangjiajie
Print_ISBN :
978-0-7695-3729-0
DOI :
10.1109/SSME.2009.141
