Executive equity incentives and corporate digital transformation

被引：0
|
作者：
Wang, Qun [1 ]
Zhao, Xiangfang [2 ]
Zeng, Yongliang [3 ]
Weng, Jiamin [3 ]
机构：
[1] Capital Univ Econ & Business, Sch Publ Finance & Taxat, Beijing, Peoples R China
[2] Shanghai Lixin Univ Accounting & Finance, Sch Accounting, Shanghai, Peoples R China
[3] Hunan Univ, Business Sch, Changsha, Peoples R China
来源：
ECONOMICS LETTERS | 2024年 / 241卷
基金：
中国国家自然科学基金;
关键词：
Executive equity incentives; Digital transformation; Stock options; Exercise period; Exercise performance conditions; CEO INCENTIVES; COMPENSATION; RISK;
D O I：
10.1016/j.econlet.2024.111793
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Based on a sample of Chinese A-share listed companies from 2005 to 2021, we explore the impact of executive equity incentives on corporate digital transformation. We find that executive equity incentives promote corporate digital transformation, and this effect is more salient for equity incentives granted in the form of stock options than restricted stocks, with a longer exercise period, and more lenient exercise performance conditions. Our findings enrich the research on the economic consequences of executive equity incentives and provide insights for promoting corporate digital transformation.
引用
收藏
页数：5
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