Executive Team Pay Gap and Executive Team Turnover Rate: A Perspective of Tournament Theory

被引:0
|
作者
Du, Lun-lun [1 ]
Chen, Kai [1 ]
机构
[1] Hohai Univ, Sch Business, Nanjing, Jiangsu, Peoples R China
关键词
Executive team; Pay gap; Team turnover rate; Team pay level; TOP MANAGEMENT;
D O I
暂无
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
Based on the tournament theory, this paper proposes several hypotheses on the relationship between executive team pay gap and executive team pay level and executive team turnover rate. Using the 2013 data of the mainboard A-share listed companies in Shanghai and Shenzhen for empirical research, the results show that executive team pay gap has a significant positive effect on executive team turnover rate; and the executive team pay level can regulate the relationship between executive team pay gap and executive team turnover rate.
引用
收藏
页码:375 / 379
页数:5
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