%0 Journal Article
%T The Impact of Equity Mix and Executive Incentives on Corporate Performance
%A Jing Li
%J Open Journal of Business and Management
%P 1409-1423
%@ 2329-3292
%D 2021
%I Scientific Research Publishing
%R 10.4236/ojbm.2021.93075
%X <span style=\"font-family:Verdana;\">On</span><span style=\"font-family:&quot;\"><span style=\"font-family:Verdana;\"> the background of </span><span style=\"font-family:Verdana;\">mixed
ownership</span><span style=\"font-family:Verdana;\"> reform, the equity mix has an increasing impact on corporate
performance. Our research selects the panel data of 620 Shanghai and Shenzhen
A-share manufacturing listed companies from 2015 to </span><span style=\"font-family:Verdana;\">2019,</span><span style=\"font-family:Verdana;\"> and constructs a model of the mediating effect of ¡°equity
mix-executive incentives-corporate performance¡± to test the impact of equity
mix on firm performance, and further explore the mediating effect of executive
incentives between the equity mix and firm performance. Research shows that:
the ¡°U¡±-shaped relationship between equity mix and company performance is
confirmed, executive compensation incentives have a partial mediating effect
between equity mix and firm performance, and executive equity incentives have a
complete mediating effect between equity mix and company performance.</span></span>
%K Equity Mix
%K Executive Incentives
%K Corporate Performance
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=109584