2010•Unpublished venueRequires access
The Relationship Between Capital Structure and Managerial Compensations An Empirical Study Based on China Listed Companies
Huihui Yang
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Abstract
Sampled on in Chinese listed companies in 2005-2008 used the Panel date model, this paper discussed how capital structure influent the top managerial compensation. From the empirical research, I find a significant positive association between compensation and capital structure. And the significance level is higher in state-owned companies than in privately-owned companies.