:::

詳目顯示

回上一頁
題名:企業策略、非財務績效衡量與總經理薪酬:電子業證據
書刊名:會計評論
作者:陳玉麟 引用關係
作者(外文):Chen, Yu-lin
出版日期:2012
卷期:54
頁次:頁117-150
主題關鍵詞:企業策略總經理薪酬非財務績效衡量Business strategyCEO compensationNonfinancial performance measures
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(9) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:8
  • 共同引用共同引用:243
  • 點閱點閱:57
本研究檢視總經理薪酬與非財務績效衡量之間的關係,並探討企業策略對於上述關係是否具有調節效果。本研究使用2000年到2004年間的台灣電子業公司進行實證分析。在控制財務績效衡量後,本研究發現創新績效與製造績效兩個非財務績效衡量與總經理薪酬有正向關聯性。此外,企業策略對於總經理薪酬與非財務績效衡量之間的敏感性具有調節效果。對於採自有品牌經營策略與原廠委託設計製造策略的企業來說,創新績效衡量與總經理薪酬的正向關聯性較製造績效為強。相反地,對於採原廠委託製造策略的企業來說,製造績效衡量與總經理薪酬的正向關聯性較創新績效為強。
This study examines the relationships between CEO compensation and nonfinancial performance measures and, more importantly, whether or not these relationships are moderated by business strategy. The analysis of this study is based on 2000-2004 CEO compensation data gathered from Taiwanese electronics firms. I find, after controlling for financial performance measures, that both innovation and manufacturing performance measures are positively associated with CEO compensation. Furthermore, business strategy moderates the pay-nonfinancial performance sensitivity. For firms adopting OBM strategies and ODM strategies, the positive relationships between innovation performance measures and CEO compensation are stronger than those between manufacturing performance measures and CEO compensation. Conversely, the positive relationships between manufacturing performance measures and CEO compensation are stronger than those between innovation performance measures and CEO compensation for firms pursuing OEM strategies.
期刊論文
1.Gibbs, M.、Merchant, K. A.、Van der Stede, W. A.、Vargus, M. E.(2004)。Determinants and effects of subjectivity in incentives。The Accounting Review,79(2),409-436。  new window
2.Cheng, Shijun(2004)。R&D Expenditures and CEO Compensation。The Accounting Review,79(2),305-328。  new window
3.洪玉舜、王泰昌(20050700)。績效衡量指標在高階主管現金薪酬契約中之相對重要性。證券市場發展,17(2)=66,35-100。new window  延伸查詢new window
4.Banker, R. D.、Potter, G.、Srinivasan, D.(2000)。An Empirical Investigation of an Incentive Plan That Includes Nonflnancial Performance Measures。The Accounting Review,75(1),65-92。  new window
5.Ittner, C. D.、Larcker, D. F.、Meyer, M. W.(2003)。Subjectivity and the weighting of performance measures: Evidence from a Balanced Scorecard。The Accounting Review,78(3),725-758。  new window
6.楊朝旭(20010400)。Effects of Adopting Nonfinancial Performance Measures and Job Redesign on Employee Performance: A Field Empirical Investigation。中華會計學刊,2(1),1-31。new window  new window
7.Ittner, C. D.、Larcker, D. F.(1995)。Total quality management and the choice of information and reward systems。Journal of Accounting Research,33(Supplement),1-34。  new window
8.Hergert, Michael、Morris, Deigan(1989)。Accounting Data for Value Chain Analysis。Strategic Management Journal,10(2),175-188。  new window
9.Govindarajan, V.、Gupta, Anil K.(1985)。Linking Control Systems to Business Unit Strategy: Impact on Performance。Accounting, Organizations and Society,10(1),51-66。  new window
10.Murphy, Kevin J.(1985)。Corporate performance and managerial remuneration: an empirical review。Journal of Accounting and Economics,7(1-3),11-42。  new window
11.Balkin, D. B.、Markman, G. D.、Gomez-Mejia, L. R.(2000)。Is CEO pay in high technology firms related to innovation?。Academy of Management Journal,43(6),1118-1129。  new window
12.陳玉麟(20101200)。管理誘因與非財務績效衡量:資訊電子產業價值鏈重要嗎?。人文及社會科學集刊,22(4),459-483。new window  延伸查詢new window
13.Baker, George, Robert Gibbons, and Kevin J. Murphy(1994)。“Subjective Performance Measures in Optimal Incentive Contracts,”。Quarterly Journal of Economics,109(4),1125-1156。  new window
14.Yermack, D.(1995)。Do corporations award CEO stock options effectively?。Journal of Financial Economics,39(2/3),237-269。  new window
15.Kothari, Sagar P.、Laguerre, Ted E.、Leone, Andrew J.(2002)。Capitalization versus expensing: Evidence on the uncertainty of future earnings from capital expenditures versus R&D outlays。Review of Accounting Studies,7(4),355-382。  new window
16.Healy, P. M.、Palepu, K. G.(1990)。Effectiveness of accounting-based dividend covenants。Journal of Accounting and Economics,12(1-3),97-123。  new window
17.林淑惠、胡星陽(20030600)。上市公司高階經理人之酬勞結構。經濟論文,31(2),171-206。new window  延伸查詢new window
18.Wiseman, R. M.、Gomez-Mejia, L. R.(1998)。A Behavioral Agency Model of Managerial Risk Taking。Academy of Management Review,23(1),133-153。  new window
19.Itiner, C. D.、Larcker, D. F.(1998)。Are nonfinancial measures leading indicators of financial performance? An analysis of customer satisfaction。Journal of Accounting Research,36(Supplement),1-35。  new window
20.Anderson, M.、Banker, R.、Ravindran, S.(2000)。Executive compensation in the information technology industry。Management Science,6,21-37。  new window
21.王曉雯、王泰昌、吳明政(2008)。企業經營型態與研發活動績效。管理學報,25(2),173-193。new window  延伸查詢new window
22.Gibbons, Robert、Murphy, Kevin J.(1990)。Relative Performance Evaluation for Chief Executive Officers。Industrial and Labor Relations Review,43(3),S30-S51。  new window
23.蔡柳卿(20030700)。總經理薪酬、非財務績效衡量指標與公司未來績效。會計評論,37,85-116。new window  延伸查詢new window
24.Clinch, G.(1991)。Employee Compensation and Firms' Research and Development Activity。Journal of Accounting Research,29(1),59-78。  new window
25.Ittner, C. D.、Larcker, D. F.、Randall, T.(2003)。Performance implications of strategic performance measurement in financial services firms。Accounting, Organizations and Society,28(7/8),715-741。  new window
26.Gupta, A. K.(1987)。SBU Strategies, Corporate-SBU Relations, and SBU Effectiveness in Strategy Implementation。The Academy of Management Journal,30(3),477-500。  new window
27.Henri, J. F.(2006)。Management control systems and strategy: A resource-based perspective。Accounting, Organizations and Society,31(6),529-558。  new window
28.Kalay, Avner(1982)。Stockholder-Bondholder Conflict and Dividend Constraints。Journal of Financial Economics,10(2),211-233。  new window
29.Sougiannis, Theodore(1994)。The Accounting Based Valuation of Corporate R&D。The Accounting Review,69(1),44-68。  new window
30.陳振祥、李吉仁(19970900)。ODM的成因與策略運作--水平式產業下的策略聯盟型態。中山管理評論,5(3),553-572。new window  延伸查詢new window
31.Ahmed, Anwer S.、Billings, Bruce K.、Morton, Richard M.、Stanford-Harris, Mary(2002)。The Role of Accounting Conservatism in Mitigating Bondholder-Shareholder Conflicts over Dividend Policy and in Reducing Debt Costs。The Accounting Review,77(4),867-890。  new window
32.劉正田(2002)。無形資產、成長機會與股票報酬關係之研究。會計評論,35,1-29。new window  延伸查詢new window
33.Feltham, G. A.、Xie, J.(1994)。Performance Measure Congruity and Diversity in Multi-task Principal/Agent Relations。The Accounting Review,69(3),429-453。  new window
34.Holmstrom, B.、Milgrom, P.(1991)。Multitask Principal-agent Analyzes: Incentive Contracts, Asset Ownership, and Job Design。Journal of Law, Economics and Organization,7(Special Issue),24-52。  new window
35.Grafton, J.、Lillis, A. M.、Widener, S. K.(2010)。The role of performance measurement and evaluation in building organizational capabilities and performance。Accounting, Organizations and Society,35(7),689-706。  new window
36.Amir, Eli、Lev, Baruch(1996)。Value-relevance of Nonfinancial Information: The Wireless Communications industry。Journal of Accounting and Economics,22(1-3),3-30。  new window
37.楊志海、陳忠榮(20020300)。研究發展,專利與生產力--臺灣製造業的實證研究。經濟論文叢刊,30(1),27-48。new window  延伸查詢new window
38.Banker, Rajiv D.、Datar, Srikant M.(1989)。Sensitivity, precision, and linear aggregation of signals for performance evaluation。Journal of Accounting Research,27(1),21-39。  new window
39.Bryan, Stephen H.、Hwang, Lee Seok、Lilien, Steven B.(2000)。CEO Stock-based Compensation: An Empirical Analysis of Incentive-intensity, Relative Mix, and Economic Determinants。The Journal of Business,73(4),661-693。  new window
40.John, Teresa A.、John, Kose(1993)。Top-management Compensation and Capital Structure。Journal of Finance,48(3),949-974。  new window
41.Dechow, Patricia M.、Sloan, Richard G.(1991)。Executive Incentives and the Horizon Problem: An Empirical Investigation。Journal of Accounting and Economics,14(1),51-89。  new window
42.Antle, Rick、Smith, Abbie(1986)。An empirical investigation of the relative performance evaluation of corporate executives。Journal of Accounting Research,24(1),1-39。  new window
43.Hölmstrom, Bengt(1979)。Moral Hazard and Observability。The Bell Journal of Economics,10(1),74-91。  new window
44.Sloan, Richard Geoffrey(1993)。Accounting earnings and top executive compensation。Journal of Accounting and Economics,16(1-3),55-100。  new window
45.金成隆、林修葳、紀信義(20040400)。專利權的價值攸關性:從企業生命週期論析。管理學報,21(2),175-197。new window  延伸查詢new window
46.洪清德(20040800)。使命感,客戶網路和供應商網路:影響我國電子資訊產業代工和自創品牌策略抉擇因素的探討。管理學報,21(4),451-476。new window  延伸查詢new window
47.Bushman, Robert M.、Indjejikian, Raffi J.、Smith, Abbie(1996)。CEO Compensation: The Role of Individual Performance Evaluation。Journal of Accounting & Economics,21(2),161-193。  new window
48.Hill, Charles W. L.、Phan, P.(1991)。CEO Tenure as a Determinant of CEO Pay。Academy of Management Journal,34(3),707-717。  new window
49.Kaplan, Robert S.、Norton, David P.(1992)。The Balanced Scorecard: Measures That Drive Performance。Harvard Business Review,70(1),71-79。  new window
50.Ittner, Christopher D.、Larcker, David F.、Rajan, Madhav V.(1997)。The Choice of Performance Measures in Annual Bonus Contracts。The Accounting Review,72(2),231-255。  new window
51.Lambert, Richard A.、Larcker, David F.(1987)。An Analysis of the Use of Accounting and Market Measures of Performance in Executive Compensation Contracts。Journal of Accounting Research,25(Suppl.),85-125。  new window
52.Baysinger, Barry D.、Hoskisson, Robert E.(1990)。The composition of boards of directors and strategic control: effects on corporate strategy。Academy of Management Review,15(1),72-87。  new window
53.王文英、李佳玲(20080700)。策略、智慧資本觀點下之價值鏈活動與財務績效關連性:臺灣資訊電子業之實證研究。會計評論,47,89-121。new window  延伸查詢new window
54.洪玉舜、王泰昌(2008)。績效衡量指標在總經理股票誘因薪酬之相對重要性分析。會計評論,46,1-29。  延伸查詢new window
55.Begley, J.、Feltham, G. A.(1999)。An empirical examination of the relation between debt contracts and management incentives。Journal of Accounting and Economics,27,229-259。  new window
56.Bryan, S.、Nash, R.、Patel, A.(2006)。Can the agency costs of debt and equity explain the changes in executive compensation during the 1990s?。Journal of Corporate Finance,12(3),516-535。  new window
57.Buzzell, R. D.、Wiersema, F. D.(1981)。Modeling changes in market share: A cross-sectional analysis。Strategic Management Journal,2,27-42。  new window
58.David, J. S.、Hwang, Y.、Pei, B. K. W.、Reneau, J. H.(2002)。The performance effects of congruence between product competitive strategies and purchasing management design。Management Science,48,866-885。  new window
59.Gomez-Mejia, L.、Wiseman, R. M.(1997)。Reframing executive compensation: An assessment and outlook。Journal of Management,23,291-374。  new window
60.HassabElnaby, H. R.、Said, A. A.、Wier, B.(2005)。The retention of nonfinancial performance measures in compensation contracts。Journal of Management Accounting Research,17,23-42。  new window
61.Kerr, J.、Bettis, R. A.(1987)。Board of directors, top management compensation, and shareholder returns。Academy of Management Journal,30,645-664。  new window
62.Makri, M.、Lane, P. J.、Gomez-Mejia, L. R.(2006)。CEO incentives, innovation, and performance in technology-intensive firms: A reconciliation of outcome and behavior-based incentive schemes。Strategic Management Journal,27,1057-1080。  new window
63.Nagar, V.、Rajan, M. V.(2001)。The revenue implications of financial and operating measures of product quality。The Accounting Review,76,495-513。  new window
64.Said, A. A.、HassabElnaby, H. R.、Wier, B.(2003)。An empirical investigation of the performance consequences of nonfinancial measures。Journal of Management Accounting Research,15(1),193-223。  new window
65.Hayes, R. M.、Schaefer, S.(2000)。Implicit contracts and the explanatory power of top executive compensation for future performance。RAND Journal of Economics,31(Summer),273-293。  new window
66.Van Veen-Dirks, P.(2010)。Different uses of performance measures: The evaluation versus reward of production managers。Accounting, Organizations and Society,35,141-164。  new window
67.Wu, J.、Tu, R.(2007)。CEO stock option pay and R&D spending: A behavioral agency explanation。Journal of Business Research,60,482-492。  new window
68.Xue, Y.(2007)。Make or buy new technology: The role of CEO compensation contract in a firm’s route to innovation。Review of Accounting Studies,12,659-690。  new window
69.Strivers, B. P.、Covin, T. J.、Hall, N. G.、Smalt, S. W.(1998)。How nonfinancial performance measures are used。Management Accounting,79,44-49。  new window
70.Trajtenberg, M.(1990)。A penny for your quotes: Patent citations and the value of innovations。RAND Journal of Economics,21(Spring),172-187。  new window
圖書
1.Porter, Michael E.(1980)。Competitive Strategy: Techniques for Analyzing Industries and Competitors。Free Press。  new window
2.Miles, Raymond E.、Snow, Charles C.(1978)。Organizational Strategy, Structure, and Process。McGraw-Hill。  new window
3.Kaplan, Robert S.、Norton, David P.(1996)。The Balanced Scorecard: Translating Strategy into Action。Boston:Harvard Business School Press。  new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top
:::
無相關著作
 
無相關點閱
 
QR Code
QRCODE