Research on the influence of Management incentive on Enterprise performance of listed companies in Chinese Pharmaceutical Manufacturing Industry

บทคัดย่อ

        In recent years, with the outbreak of the novel coronavirus epidemic, listed companies in the pharmaceutical manufacturing industry have become one of the preferred sectors for investors. Based on human capital theory, stakeholder theory and non-value law, this paper selects the data of listed companies in Chinese pharmaceutical manufacturing industry, adopts the method of empirical research, and starts from two aspects of management compensation incentive and management equity incentive. The relationship between management incentive and corporate performance is studied. Research shows that there is a positive correlation between management compensation incentive and management equity incentive and corporate performance. According to the analysis results, this paper puts forward three suggestions: reasonable formulation of management incentive scheme, rational use of financial leverage, and reasonable establishment of sustainable development performance evaluation index system.