网络负面舆论对高管薪酬公平与效率的影响

发布时间：2018-03-23 22:41

本文选题：网络舆论　切入点：公司治理　出处：《经济管理》2017年02期

【摘要】：近年来,作为一种新媒体力量,互联网舆论对公司和监管层的决策起着重要的影响作用。本文采用网络股票贴吧的数据,研究了网络负面舆论对于高管薪酬的影响。研究发现,网络负面舆论可以促进国有企业高管薪酬效率性和公平性的改进,体现在网络负面舆论可以提高国有上市公司高管的薪酬对会计业绩和市场业绩的敏感度,同时,网络负面舆论可以抑制国有上市公司高管与员工薪酬差距的增加。当加入政策因素之后,本文发现,网络负面舆论能够起到替代监督作用,在没有政策作用的年份效果更加明显。
[Abstract]:In recent years, as a new media force, Internet public opinion plays an important role in corporate and regulatory decision-making. This paper uses the data of online stock bar to study the influence of negative public opinion on executive compensation. The negative public opinion on the network can promote the improvement of the efficiency and fairness of the executive compensation of the state-owned enterprises, which can be reflected in the fact that the negative public opinion on the network can improve the sensitivity of the executive compensation of the state-owned listed companies to the accounting performance and the market performance, at the same time, Negative public opinion on the Internet can restrain the increase of salary gap between executives and employees in state-owned listed companies. After adding the policy factors, this paper finds that the negative public opinion on the Internet can play a role as a substitute for supervision. In years that have no policy effect, the effect is more obvious.
【作者单位】：厦门大学海外教育学院;厦门大学管理学院;
【基金】：国家自然科学基金青年项目“网络舆论、公司治理与公司财务政策”(71402155);国家自然科学基金重点项目“公司财务政策选择与动态演化研究”(71232005) 福建省高校杰出青年科研人才培育计划“共识与分歧:中国情境下的媒体公司治理作用研究”(JAS14002)
【分类号】：F272.92;G206

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