| The theory of value chain has been wildly used in modern enterprisemanagement and has extended to various aspects of internal business operations, suchas human resources value chain management, knowledge management, and so on.Human resources management plays an increasingly important role in the era ofintense competition for talent, especially for senior human resources. Seniorexecutives are the core of enterprise talent, the development and utilization of seniorhuman resources have a significant impact on enterprise performance. Concernedabout the construction of executives incentive compensation mechanisms from theperspective of value creation will be of great benefit to senior human capitaldevelopment and gain enterprise value.Of course, executives from different industries are different in value creation,value evaluation and value distribution. In this paper, we combine empirical andnormative research on China’s listed media company executive compensationincentive mechanism. On the basis of systematically reviewing related research resultsat home and abroad, we conducted a systematic analysis on the development status,the special development environment, the characteristics and executive compensationincentive of Chinese listed media companies. And learn experience from foreignoutstanding media companies.The data in this paper mainly comes from annual reports and Wande databasefrom2008to2012and the main tool is statistical software E-views. The hypothesesare based on the analysis of the influencing factors of listed media company executivecompensation; the research model is constructed under the analysis of incentivecompensation path. The hypotheses are verified by the empirical results, under theempirical results, this paper proposes some suggestions to improve the executivecompensation incentive of Chinese listed media companies, and hope to have a certainreferential significance to the incentive compensation mechanisms of listed mediacompanies of our country. |
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