政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/104673
English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 113318/144297 (79%)
Visitors : 51068217      Online Users : 885
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
    •  Adv. Search
    Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer Goto mobile version


    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/104673


    Title: 總經理薪酬與績效衡量及不確定性 之配適度對公司營運績效的影響
    Other Titles: The Impact of the Alignment between Performance Measures, Uncertainty and CEO Compensation on Firm Performance
    Authors: 李佳玲;史雅男;蔡宜伶
    Contributors: 會計系
    Keywords: 薪酬;不確定性;績效衡量;compensation;uncertainty;performance measures
    Date: 2011-11
    Issue Date: 2016-12-08 15:07:12 (UTC+8)
    Abstract: 代理理論主張，總經理薪酬應與經營績效連結，並且應考量影響公司經營績效的不確定性因素。依循情境理論，總經理薪酬之決定愈符合情境因素時，公司營運績效應愈好，但過去在此方面的研究甚少，本研究依循此一觀點，探討總經理薪酬、績效衡量及公司面臨之不確定性間的配適程度與公司營運績效是否為正相關。本研究以整合性的觀點來捕捉不確定性，包括盈餘雜訊、股票報酬風險與營運風險，而績效衡量指標則包括會計績效與非會計績效衡量指標。 本研究以台灣證券交易所公開上市（櫃）公司為研究對象，實證結果發現，當總經理薪酬與公司面臨之不確定性因素及績效衡量之配適度愈好時，公司營運績效表現愈好。若為配適度不佳者，包括總經理薪酬給付不足或給付過多，均有損於公司營運績效。
    Agency theory advocates that CEO compensation should tie to firm performance to better align managers’ and shareholders’ interests. The factor of uncertainty can not be neglected in determining CEO compensation. Following contingency theory, firm performance should be higher when contextual factors and compensation are aligned than when they are not. Prior research pays little attention to this issue. This study fills this gap to probes that firm performance is superior when CEO compensation is more aligned with performance measures and uncertainty factors. Uncertainty factors are captured by noise in earnings, risk of stock return and operating risk. The performance measures are measured through accounting and non-accounting performance measures.The research samples aim at listed firms in the Taiwan Stock Exchange and OTC stock exchange. The empirical results indicate the greater the alignment between CEO compensation, performance measures and uncertainty factors, the better firm performance consequence is. The firms with worse alignment, including CEO overpayment and CEO underpayment, would get less performance.
    Relation: 組織與管理, Vol.4, No.2, pp.39-77
    Data Type: article
    DOI link: http://dx.doi.org/10.3966/199687602011080402002
    DOI: 10.3966/199687602011080402002
    Appears in Collections:[Department of Accounting] Periodical Articles

    Files in This Item:

    File Description SizeFormat
    index.html0KbHTML2609View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback