TITLE:
A Literature Review of Directors’ Supervising Managers: Based on the Comparison of Equity Incentives and Monetary Salary Incentives
AUTHORS:
Xiangyu Li
KEYWORDS:
Directors, Managers, Supervision, Equity Incentives, Monetary Compensa-tion Incentive
JOURNAL NAME:
Modern Economy,
Vol.10 No.4,
April
19,
2019
ABSTRACT: This paper analyzes the relevant literature on directors’
supervision of managers in terms of monetary compensation incentives and equity
incentives. By comparing the advantages and disadvantages of monetary
compensation incentives and equity incentives in the supervision of managers by
directors, this paper believes that equity incentives can more clearly discover
the supervisory supervision of directors. At the same time, this paper believes
that in the case of equity incentives, joint incentives for directors and
managers can promote the supervision of directors. The analysis conclusions of
this paper have guiding significance in the actual corporate governance
process.