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Indexed by:会议论文

Date of Publication:2017-01-01

Included Journals:CPCI-SSH

Page Number:111-117

Key Words:monetary compensation; executive stock ownership; stock option; mandatory turnover; corporate performance

Abstract: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.