Abstract

This paper focuses on the relationship between capital structure and executive compensation, based on capital structure theories and the principal-agent theory, and using data from fifty real estate companies listed in the Chinese Stock during the period of 2010–2012. Our results show a significantly positive relationship between executive compensation and capital structure. The control variables of company size, profitability, and growth opportunities were also found to have a positive relationship with executive compensation.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.