English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 49064/83169 (59%)
造訪人次 : 6955221      線上人數 : 55
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/31834


    題名: 高階經理人薪資對生產效率及產出之影響:隨機生產邊界模型
    其他題名: Managerial compensation, corporate production efficiency and yield: a stochastic frontier approach
    作者: 范瑩君;Fan, Ying-chun
    貢獻者: 淡江大學產業經濟學系博士班
    陳明園;Chen, Ming-yuan
    關鍵詞: 報酬;隨機生產邊界模型;廠商績效;生產效率;Compensation;stochastic frontier;Corporate Performance;Production Efficiency
    日期: 2008
    上傳時間: 2010-01-11 01:18:57 (UTC+8)
    摘要: 本文主要在探討高階經理人薪資變化對公司生產效率及產出的影響;亦可說明經理人之生產力。不同於國外文獻,國外經理人薪資都包含了權益薪資,而國內公司使用權益薪資作為經理人酬勞的情況並不普遍,因此本研究將排除權益薪資部份;再者,過去的績效文獻裡,大多使用財務績效作為衡量,而本研究提出財務績效的不適性及可能發生的內生問題,所以選用生產效率當作衡量公司績效的方法。本文使用Chen (2007)所建構的資料作延續,以民國87年至93年台灣證券交易所上市之非金融業公司為對象,利用隨機性生產邊界模型的效率估計方法連結薪資與生產力的關係,以檢驗效率工資理論。綜合以上論述,本研究有二個特色,一為:即使經理人的薪酬是由一般薪資組成的,本文仍試著證明外部勞動市場的調整機制為重要因素。二為:不同於國外文獻績效的衡量,本文著重於經理人薪資與公司的長期利益關係,即為公司的生產力和效率。
    結果發現,我國高階經理人的薪資對公司產出和技術效率皆有正向顯著,驗證了效率工資理論中,薪資增加提昇了廠商的效益。進一步的發現,將薪資變數分解後,我國高階經理人的薪資雖未包含權益薪資,但外部勞動市場及其敏感度皆為經理人最主要帶動公司產能的因素;長期下來,廠商會將經理人薪資引領至外部市場的水準。
    The purpose of this study is to understand the production efficiency and the output of the firm by changing the chief executive officer salary for Taiwan listed companies. The paper uses the data from Chen (2007) constructed which are the listed companieson Taiwan Stock Exchange, excluding the financial companies, from 1998 to 2004. We apply the stochastic frontier approach to connectthe compensation with the production efficiency and output.
    This study has two distinctive features: the first feature addresses the components of managerial pay. We try to demonstrate that even if managerial pay is composed primarily of base salaries, mechanism of pay adjustments with attention on the external managerial labor market plays an important role in pursuing superior firm performance. The second feature is focusing on the definition of performance. Compared with existing studies that are more concerned with financial performance, we are interested in finding the connection between managerial pay and log run profitability and prospects of firms, namely, the economic efficiency of firms.
    We find that higher pay adjustments based on a scheme of external market comparisons significantly enhance the output and technical efficiency of the firms. The efficient working of the external managerial labor market is shown to be important in connecting firm productivity to managerial pay.
    顯示於類別:[產業經濟學系暨研究所] 學位論文

    文件中的檔案:

    檔案 大小格式瀏覽次數
    0KbUnknown180檢視/開啟

    在機構典藏中所有的資料項目都受到原著作權保護.

    TAIR相關文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋