Research on the Relationship between Executive Compensation and Enterprise Innovation
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DOI: 10.25236/ssehr.2021.029
Corresponding Author
Chiyin Wang
Abstract
In the process of national development, scientific and technological innovation is not only one of the ways to promote China’s economic growth and adjust the economic structure, but also a very important development strategy in China. In the fierce market competition, if enterprises want to improve their core competitiveness and achieve sustainable development, they need to adhere to innovation and actively carry out innovation activities. However, the development of innovation activities requires a lot of funds and resources. While investing, enterprises will inevitably face risk problems such as low return. Enterprise executives are an important leading force in enterprise innovation decision-making. Therefore, it is of great practical significance to study the relationship between executive compensation and enterprise innovation.
Keywords
Executive salary, Enterprise innovation, Relationship