以中国上市公司2004～2007年的经验数据为样本,本文对公司所有权、管理控制权与高管报酬之间的关系进行了实证检验。研究发现,整体而言,公司所有权性质、前三大股东所有权集中度与高管报酬显著负相关,外资股、两职合一与高管报酬显著正相关。但是,在国有上市公司与非国有上市公司,第一大股东持股比例、两职合一以及内部董事比例对高管报酬的影响具有显著的差异。 Taking the empirical data of Chinese listed companies from 2004 to 2007 as a sample, this paper empirically tests the relationship between corporate ownership, management control and executive compensation. The research shows that, on the whole, the nature of the ownership of the company, the concentration of the ownership of the top three shareholders and the remuneration of executives are significantly and negatively correlated. The combination of foreign shares and one of the two posts is significantly and positively related to the remuneration of executives. However, there is a significant difference between the state-owned listed companies and the non-state-owned listed companies, the shareholding percentage of the largest shareholder, the combination of the two positions and the proportion of internal directors on executive compensation.