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Academic Journal of Humanities & Social Sciences, 2019, 2(6); doi: 10.25236/AJHSS.2019.020606.

Industry Dividend Cycle, Executive Compensation Incentive and Enterprise Performance

Author(s)

Dizhen Zhao

Corresponding Author:
Dizhen Zhao
Affiliation(s)

College of Management, Shanghai University, Shanghai 201800, China

Abstract

Based on 2647 valid samples of real estate industry and information technology industry from 2005 to 2016, multiple regression model was used to empirically test the relationship between industry dividend cycle, executive compensation incentive and enterprise performance. The research shows that :(1) the performance of enterprises in the industry dividend cycle is higher than that of enterprises in the non-industry dividend cycle; (2) the industry dividend cycle has a positive impact on the relationship between executive compensation incentives and corporate performance, and the impact has regional differences. The research of this paper is helpful for enterprises to seize the opportunity of industry development, reasonably design the incentive system of executive compensation, and improve enterprise performance.

Keywords

Industry dividend cycle, executive compensation incentive, enterprise performance, executive excess compensation

Cite This Paper

Dizhen Zhao. Industry Dividend Cycle, Executive Compensation Incentive and Enterprise Performance. Academic Journal of Humanities & Social Sciences (2019) Vol. 2, Issue 6: 36-49. https://doi.org/10.25236/AJHSS.2019.020606.

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