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高管薪酬与公司业绩实证研究以中小企业板上市公司为例

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8-42.(责任编辑:钟瑶)An Empirical Study on the Relationship Between pensation and Corporate Performance--Take SmallPlates panies as an ExampleWEN Xianming,QIAN Qiulan,HUANG Yingqi(School of Economics and Management ,Changsha University of Science & Technology ,Changsha,Hunan 410076,China)Abstract:This paper chooses 2013annual reports of 235 small plates panies that lis-ted before 2009.Through empirical analysis,we examine the correlation between -pensation and firm performance.The results of the research show that there is a significant posi-tive correlation between pensation and firm performance,and the pen-sation is positively related to pany size.There is a significant negative correlation betweenthe pensation and the capital structure.Key words:Small plates panies;pensation;Firm performance67

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