Executive Incentives,Internal Control Quality and Technological Innovation
This paper selects data from Shanghai and Shenzhen A-share listed companies from 2008 to 2021 to empirically analyze the impact and mechanism of executive incentives on technological innovation.The study found that:Executive compensation incentives,equity incentives and internal control quality are all significantly positively related to technological innovation;Internal control quality plays a partial intermediary role between compensation incentives and technological innovation,equity incentives and technological inno-vation,that is executive compensation incentives and equity incentives can promote the improvement of internal control quality,and the improvement of internal control will further promote corporate technological innovation;Executive compensation and equity incentives of CEO duality enterprises and high-tech enterprises have a stronger promotion effect on technological innovation.The research conclusions provide inspiration for seeking ways to promote technological innovation from the perspective of corporate governance under the innovation-driven development strategy.
Executive compensation incentivesExecutive equity incentivesInternal control qualityTechnological innovation
NETL
NSTL
万方数据
