文献类型：期刊文献

中文题名：政治关联、产权性质与高管薪酬粘性——来自沪深A股上市公司的经验证据

英文题名：Political Connection,Nature of Property Right and Executive Compensation Stickiness:Evidence from China's A Share Listed Companies

作者：张爱民[1];桑银银[1];陆韵石[2]

机构：[1]华东理工大学商学院,上海200237;[2]安永华明会计师事务所上海分所,上海200120

年份：2016

卷号：30

期号：2

起止页码：54

中文期刊名：会计与经济研究

外文期刊名：Accounting and Economics Research

收录：CSTPCD;;国家哲学社会科学学术期刊数据库;北大核心:【北大核心2014】；

基金：国家自然科学基金面上项目(71172079)

语种：中文

中文关键词：政治关联;产权性质;高管薪酬粘性

外文关键词：political connection;nature of property right;executive compensation stickiness

摘要：以我国2009-2013年沪深A股上市公司为样本,实证检验了在不同产权性质下,政治关联对高管薪酬粘性的影响。研究发现,政治关联与高管薪酬粘性正相关,有政治关联会使企业高管拥有更高的薪酬粘性。进一步研究发现,在民营企业中政治关联对高管薪酬粘性的影响显著大于国有企业,在地方政府控股企业中政治关联对高管薪酬粘性的影响显著大于中央政府控股企业。
With a large sample of China’s A-share listed companies from 2009 to 2013,this study is going to examine the relationship between the political connection and executive compensation stickiness under different natures of property rights. The result shows that the political connection is positively associated with the executive compensation stickiness. Further study shows that such effect is stronger in non-state owned enterprises than that in state-owned enterprises,and is stronger in the local government holding enterprises than that in central government holding enterprises.