Abstract

Abstract This paper uses explanatory variables to carry out the degree of executive unfairness on the stability of the team, using the number of members serving in the sample period to measure the stability of the executive team, the introduction of risk-taking, inefficient investment mediating variables on the role of corporate merger and acquisition behavior impact path. By calculating the causal relationship between executive team stability and corporate technological innovation performance, it is concluded that the degree of external positive inequity in compensation impacts corporate stability. It is found that the mean value of executive compensation in the agriculture and forestry industry is 0.287, the median is 0.193, and the average annual growth rate of average executive compensation is 24.2%, which can provide practical suggestions for corporate managers and decision-makers about compensation setting and team building.

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