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论文类型：会议论文

发表时间：2017-01-01

收录刊物：CPCI-SSH

页面范围：111-117

关键字：monetary compensation; executive stock ownership; stock option; mandatory turnover; corporate performance

摘要：From the perspective of corporate performance, we research the common mechanism of executive compensation and mandatory turnover in corporate governance. We find that both executive compensation and mandatory turnover have significant positive effects on corporate performance; there are alternative effect between mandatory turnover and monetary compensation / stock option, while there is a complementary effect between mandatory turnover and stock ownership from the view of improving corporate performance.