Top-management compensation incentives and potential growth of SMEs: An empirical study based on components analysis

被引:0
|
作者
Wang Xiaoding [1 ]
Chen Xiaohong [1 ]
机构
[1] Cent S Univ, Sch Business, Changsha 410083, Hunan, Peoples R China
来源
RESEARCH ON ORGANIZATIONAL INNOVATION - 2007 PROCEEDINGS OF INTERNATIONAL CONFERENCE ON ENTERPRISE ENGINEERING AND MANAGEMENT INNOVATION | 2007年
关键词
top-management compensation; incentive mode; factor analysis; potential-growth; SMEs;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Top-management compensation is an inherent issue of enterprise growth. In this paper, we establishes an evaluation system of compensation incentives for top-management in small & media-size enterprises(SMEs), and gives an synthesized evaluation and rank of 118 SMEs in China utilizing data in 2004-2005. The study documents that the incentive styles of stock ownership structure and annuity are positive to growth, and the compensation difference is negative to growth but not significant in statistics. Then the article gives some discussions about the results according to the economical environment and characteristics of SMEs in China. The study suggests that the compensation in SMEs should be designed systematically and complementally in order to provide incentive stimulation and realize bidirectional growth of both employees and enterprises.
引用
收藏
页码:1018 / 1027
页数:10
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