The Correlation Ship Between Executive Pay Gap And Firm Performance Of Chinese Listed Companies

In company， the executive pay has always been compelling， the pay gap betweenexecutives also become a hot spot of the majority of scholars. This paper studies relationsof the pay gap between executives of listed companies in China with firm performance，Also verify that the pay gap Enterprise Performance with a lag.Based on reviewing the academic document， First， We make theoretical analysis ofthe relationship between the pay gap of executives and the firm performance. Finally，make empirical research about the relevance between the pay gap of executives and thelisted company’s performance. The sample adopted in demonstration comes from theannals’ data of Shanghai and Shenzhen a share stock market in the year2010. By usingmultiple regression analysis， the research indicates that the level of pay gap and the firmperformance are negative correlation， which happens to be fit for the behavioralhypothesis.