| On October 20,professor Li Wei an made green governance a major topic again at an academic conference of Renmin University of China.The 14th five-year Plan focuses on promoting green development in order to improve the comprehensive strength of the country is the focus of attention of all countries.Enterprises are the main body of world economic development.While realizing their own performance,they should also take into account the trend of world development and should not ignore environmental problems.Chinese manufacturing enterprise has shifted from the previous extensive increase gradually for sustainable development,green,under the circumstances of this kind of green management.As the makers and implementers of corporate strategic decisions,senior management team has a growing influence on corporate green governance.combined with the upper echelon theory,the executive team heterogeneity and firm relationship between green governance performance under different executive compensation incentive system environment.This paper analyzes the financial data from 2010-2018 disclosed by Shanghai and Shenzhen A-share listed manufacturing industries under the environment of green economic development to discuss different executive compensation incentive system to different between green governance executive team heterogeneity and firm performance.There are some conclusions,(1)Age heterogeneity,education heterogeneity and overseas background heterogeneity of senior executives have a positive impact on their green governance performance.(2)Executive compensation incentive can significantly enhance on executive green governance performance.In our country in a green governance environment the influence of the senior management team of cognition,and enrich and complement the result from the related fields of research contents,as well as company managers through deep and comprehensive understanding of the company senior management team,a targeted design under the green economic environment suitable for manufacturing enterprise’s executive compensation incentive system provides a train of thought. |
