摘要
通过问卷调查的方式,研究了分部经理间战略协同程度、分部经理关于分部的私人信息数量、分部经理对分部短期财务业绩的影响以及分部经理对分部长期财务业绩回报的影响四个因素在分部经理契约设计中确定非财务指标权重的作用。研究发现,分部间的战略协同程度越高,分部经理激励契约中的非财务指标权重就越高;分部经理关于分部的私有信息越多、分部经理对分部短期财务业绩的影响越大,分部经理激励契约中非财务指标的权重就越低。这一研究结果为现有关于非财务指标的理论研究提供了实证证据,也对分部经理的契约设计有一定的启发意义。
This paper discusses the following four factors in determining the weights of the non-financial performance measures in divisional managers＇ contract design through questionnaire survey method. They are strategy synergy degree between divisional managers, the divisional managers＇ private information quantity, divisional manager influence on divisional short-term financial performance and long-term financial performance. The results show that the higher the degree between divisional strategy synergy, the higher the weight of non-financial performance measures in divisional managers＇ incentive contracts, and the more private information the divisional manager has about the divisions and the bigger the divisional managers＇ action on divisional short-term financial performance, the lower the weight of non-financial performance measures in divisional managers＇ incentive contracts. This paper not only provides the corresponding empirical evidence on the existing theoretical research about non-financial performance measures, but also provides certain enlightenment for division manager＇s contract design.
出处
《山西财经大学学报》
CSSCI
北大核心
2011年第4期115-124,共10页
Journal of Shanxi University of Finance and Economics
关键词
非财务指标
分部经理
契约设计
战略协同
non-financial performance measures
divisional manager
contract design
strategic synergy
