Research On Manager's Payment Motivation Of TA Company Based On EVA

The payment motivation is a main component of motivation to executives, and the latter is critical to company operation, as it can lead and motivate employees to create more value.TA Company is a high-tech stock company. After some management reforms, the company is going to enter the rapid growth period, but the salary management can't support the strategy.Firstly, this paper points out the necessary that make out a fitful payment motivation plan which can avoid the executives' moral hazard behavior through the analysis of the motivation situation and the foreign salary system. And it reveals the special meaning and the necessary of own the residual claimant right with the theory of human capital. And points out that setting up effective motivation system is a key for solve the principle-agent problem through the analysis of the of surrogate and EVA theory, and analyzes the shortcoming of traditional performance indicator and the application of EVA in company operation.Then, we make a deep research on the situation of TA Company, especially the payment motivation system for managers, and design a new motivation plan based in EVA for the managers, which can define the performance indicator from the parts of stockholders anew, as it...