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Executive incentives, team stability and corporate innovation performance

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  • Zhang, Chunyang
  • Zhang, Dongsheng

Abstract

To investigate the correlation between executive incentives, team stability, and corporate innovation performance, this study employed empirical analysis of firms listed in China. The results indicate that there is a significant and positive correlation between executive incentives and the technological innovation performance of corporations; the influence of executive incentives on corporate innovation is partially mediated by team stability; and the effects of different incentive methods vary depending on the type of patent in question.

Suggested Citation

  • Zhang, Chunyang & Zhang, Dongsheng, 2023. "Executive incentives, team stability and corporate innovation performance," Finance Research Letters, Elsevier, vol. 58(PD).
    • Handle: RePEc:eee:finlet:v:58:y:2023:i:pd:s1544612323010620
    DOI: 10.1016/j.frl.2023.104690
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    References listed on IDEAS

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    Cited by:

    1. Shanshan Lyu & Mingzeng Yang & Qincheng Zhang, 2024. "Top Management Team Heterogeneity, Top Management Incentives, and ESG Performance: Evidence from Chinese Listed Companies," Sustainability, MDPI, vol. 16(18), pages 1-32, September.
    2. Bai, Chengyu & Liu, Dan & Liu, Yong, 2024. "Executive team restructuring and corporate ESG disclosure quality," Finance Research Letters, Elsevier, vol. 66(C).
    3. Ziyan Tan & Xiaobo Wu & Ruhui Chu, 2024. "Impact of Pay Gap on Innovation Performance: The Moderating Role of Top Management Team Diversity," Sustainability, MDPI, vol. 16(17), pages 1-15, August.
    4. Che, Shuai & Tao, Miaomiao & Silva, Emilson & Sheng, Mingyue Selena & Zhao, Congyu & Wang, Jun, 2024. "Financial misallocation and green innovation efficiency: China's firm-level evidence," Energy Economics, Elsevier, vol. 136(C).
    5. Zhou, Xiaoxiao & Dai, Mengsi & Liu, Li, 2024. "Green credit, carbon emission trading and corporate green innovation: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 86(C).

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