Empirical Analysis of Deluxe Manager's Salary of Listed Company and Its Management Performance

The deluxe manager's salary is a very important integral part of listed company's incentive and restraint mechanisms.In order to test and verify the relation between deluxe manager's salary and company's management performance,firstly the paper carries out theoretical analysis of the commission and agency theory,and incentive theory with its hypothesis,and then it sets a foundation for the substantial evidence research to examine the relation of the salary of deluxe manager and management performance by making use of the linear related and analytical method.It is found that there exists a positive relationship in both of them.And it is also found that there is a positive relationship between the proportion of deluxe manager's shares and company's management performance,while there is a obvious positive relationship between deluxe manager's cash salary and the scale of company.According to the results,this paper makes some suggestions to perfect the relation between deluxe manager's salary and listed company's management performance.