The Impact of Executive Compensation and Copensation Gap on Firm Performance: Evidence from Listed Companies in Energy Industry in China

Authors

  • Wenkai Ma College of Graduate Studies, Walailak University, Nakhon Si Thammarat 80160, Thailand
  • Pankaewta Lakkanawanit School of Management, Walailak University, Nakhon Si Thammarat 80160, Thailand
  • Nittida Sudmai School of Management, Walailak University, Nakhon Si Thammarat 80160, Thailand

Keywords:

Corporate performance, Executive compensation, Executive pay gap, Energy industry, China’s listed companies

Abstract

This study aims to examine the relationship of executive monetary compensation and executive compensation gap to corporate performance of China’s energy listed companies. The samples are China’s publicly traded energy companies in Shanghai Stock Exchange and Shenzhen Stock Exchange. Data was collected from annual reports from 2015 to 2020. Principal agent theory is the main theoretical used in this study. This study uses regression analysis to examine the relationship between variables. The results demonstrate the positive relationship of executive monetary compensation and executive compensation gap to corporate performance.

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Published

2021-12-02

How to Cite

Ma, W. ., Lakkanawanit, P. ., & Sudmai, N. . (2021). The Impact of Executive Compensation and Copensation Gap on Firm Performance: Evidence from Listed Companies in Energy Industry in China. Science, Technology, and Social Sciences Procedia, 2021(1), acm002. Retrieved from https://wjst.wu.ac.th/index.php/stssp/article/view/25623

Issue

Vol. 2021 No. 1 (2021): Social Sciences

Section

Articles