Research on Executive "sky-high salary" of China Listing Corporation Based on the Human-oriented Theory
Hailong Ju, Yong Meng, Li Tian
Abstract
Executive compensation of Listing Corporation has been the subject of academic and industrial circles. In recent
years, “sky-high salary” arising in the state-owned enterprises frequently, also caused the high attention of all
circles of the society. This goes against the principle of "promoting social justice" which has been advocated by
our government. And this is not conducive to the harmonious development of society. At the same time, executive
compensation system is related to the company's governance issues and the long-term growth of enterprises. This
article analyzed the reasons of China's Listing Corporation executives “sky-high salary” from the point of the
Human-oriented Theory, and pointed out the present status of “which Human-oriented” in benefit allocation
process between the executives and employees of Listing Corporation of China. Finally, the author offered some
suggestions for the establishment of Listing Corporation executive compensation system.
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