Taking the data of A-share listed companies in Shanghai and Shenzhen from 2012 to 2019 as the research object,this paper explores the impact of executive compensation incentives on corporate value in the full glare of media publicity.The research results indicate that executive compensation in-centives are beneficial for improving corporate value,and whether the media source is the Internet or newspapers,both the total number of media reports and the number of negative media reports exert a positive impact on the relationship between the two.After distinguishing the property right attributes of enterprises,this paper finds that the above relationship is more prominent in non-state-owned en-terprises.By dividing the property rights attributes of enterprises,it is found that the above relation-ship is more prominent in non-state-owned enterprises.
关键词
高管薪酬/媒体报道/薪酬激励/企业价值
Key words
executive compensation/media coverage/compensation incentives/corporate value