A Study of the Impact of Listed Companies Managers,Self-Interest Motivation on Operating Performance

In recent years managers' self-Interest motivation has been concerned by academia and practitioners,and the selfish behavior of company managers will impact on all aspects of business,so it would be a cutting-edge hot topic of research in the domestic and foreign corporate finance field to study managers of listed companies on the kind and extent of impact on business performance from their self-Interest motivations,which has important theoretical and practical significance. Based on the 2011-2013 data of Shanghai and Shenzhen A shares listed companies in China as samples,we studied the different effects the selfish motives of managers may generate under different levels of business performance.