Executive incentives, team stability and corporate innovation performance
Chunyang Zhang and
Dongsheng Zhang
Finance Research Letters, 2023, vol. 58, issue PD
Abstract:
To investigate the correlation between executive incentives, team stability, and corporate innovation performance, this study employed empirical analysis of firms listed in China. The results indicate that there is a significant and positive correlation between executive incentives and the technological innovation performance of corporations; the influence of executive incentives on corporate innovation is partially mediated by team stability; and the effects of different incentive methods vary depending on the type of patent in question.
Keywords: External pay gap; Executive incentives structure; Team stability; Corporate innovation performance (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:58:y:2023:i:pd:s1544612323010620
DOI: 10.1016/j.frl.2023.104690
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