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以2014~2015制造业A股上市公司为研究对象,从显性薪酬和隐性薪酬两个视角深入探究高管薪酬与盈余管理的关系。研究发现,显性薪酬的重要组成成分货币薪酬和股权激励与盈余管理均显著正相关,即货币薪酬和股权激励会诱发高管进行盈余管理活动;在职消费能够减少高管盈余管理行为;在职消费与盈余管理存在U型相关。
Taking the manufacturing A-share listed companies from 2014 to 2015 as the research object, the relationship between executive compensation and earnings management is deeply explored from the perspectives of explicit remuneration and implicit remuneration. The study finds that significant components of explicit remuneration are significantly positively correlated with monetary compensation, equity incentives, and earnings management, that is, monetary compensation and equity incentives induce executives to perform earnings management activities; on-the-job consumption can reduce executive earnings management behavior; on-the-job consumption There is a U-shaped correlation with earnings management.