Considering the geographical and economic characteristics of corporations, this article examines the impact of financial agglomeration on managerial compensation level and structure in A-share listed corporations from 2008 - 2022. Results demonstrate a direct relationship between urban financial agglomeration and managerial remuneration. Furthermore, the remuneration structure of these managers includes a significant proportion of equity incentives. This conclusion remains significant after conducting robustness tests to ensure reliability and validity. Additional research suggests that management migration is a small-scale mechanism through which urban financial agglomeration boosts managerial compensation and the proportion of equity incentives.
Wang, Siyuan. Effects of urban financial agglomeration on managerial mobility and corporate management compensation[J]. FINANCE RESEARCH LETTERS,2024,67.
APA
Wang, Siyuan.(2024).Effects of urban financial agglomeration on managerial mobility and corporate management compensation.FINANCE RESEARCH LETTERS,67.
MLA
Wang, Siyuan."Effects of urban financial agglomeration on managerial mobility and corporate management compensation".FINANCE RESEARCH LETTERS 67(2024).
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