Corporate governance, performance and executive pay evidence from listed Chinese logistics companies

• Published in: 2013 International Conference on Management Science and Engineering 20th Annual Conference Proceedings pp. 883 - 890
• Main Authors: Zhao Fang, Wu Ya-xuan, Jia Hui
• Format: Conference Proceeding
• Language: English
• Published: IEEE 01.07.2013
• Subjects: Companies; corporate governance; Correlation; Correlation coefficient; enterprise performance; executive pay; Industries; listed logistic company; Logistics; Regression analysis; Remuneration
• DOI: 10.1109/ICMSE.2013.6586382
• ISBN: 1479904732; 9781479904730
• ISSN: 2155-1847

With the development of China's market economy and the gradual disclosure of executive compensation data, the remuneration of the company's senior managers have become theoretical and practical issues of common concern. In this paper, based on the related theories and the data of listed logistics company in 2009, we do a quantitative study using regression analysis method. By analyzing EPS and ROE, we come out that executive pay does not have a significant linear relationship with corporate performance. From the perspective of corporate governance, this paper comes to the relationship between executive pay as well as the scale of the company and its independent directors, board of supervisors. In the end of this paper, we proposed the corresponding countermeasures.