| Title: | Impact of Remuneration Fairness on State-Owned Enterprise Innovation |
| Author: | Huang Wen |
| Advisor: | Dr. Zhang Li |
| Degree: | Master of Business Administration |
| Major: | International Business Management |
| Faculty: | บัณฑิตวิทยาลัย (Graduate School) |
| Academic year: | 2566 (2023) |
| Published: | Proceedings The 15th National and International Academic Conference “Creating Shared-Value and Innovation for Sustainability” 18-20 January 2023, pp.1710-1724 |
Abstract
Remuneration policy, as an important part of corporate governance, has an important impact on the innovation performance of enterprises. However, existing research has not reached a consensus conclusion on how remuneration policy affects enterprise innovation. Therefore, the objectives of this research are: 1) To examine there is a positive effect between external remuneration gap for senior executives and enterprise innovation. 2) To examine there is a positive effect between external remuneration gap for employees and enterprise innovation. 3) To examine that internal remuneration gap between executive and employee has a positive effect for enterprise innovation. 4) To examine that there is a positive effect between remuneration distribution and enterprise innovation.
This research focused on the Chinese studies of the impact of remuneration fairness on state owned enterprise innovation. To estimate the impact of remuneration fairness on enterprise innovation, this research based on statistical and econometric theoretical methods firstly structured the remuneration explanation, such as executive remuneration model and employee remuneration model, to estimate the gap of executives and employees; Further, the regression model were built to analyze the impact of remuneration fairness on enterprise innovation. The results of this research are: 1) The external remuneration gap for executives is positively related to enterprise innovation. 2) The external remuneration gap for employees is positively related to enterprise innovation. 3)The internal remuneration gap between executive and employee is positively related to enterprise innovation. 4) The rationality of remuneration distribution has a positive effect for enterprise innovation.
Keywords: remuneration fairness, remuneration gap, enterprise innovation
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Master of Business Administration (International Program), Siam University, Bangkok, Thailand