The relationship between internal pay gap and performance of listed companies in high-tech industry

DOI

10.2991/isemss-19.2019.97How to use a DOI?

Keywords

high-tech industry, pay gap, enterprise performance, property right.

Abstract

Based on the contingency theory, this study takes 380 listed companies in high-tech industry as the research object and explores the impact of internal pay gap on corporate performance. At the same time, this paper also studies the effect of the nature of corporate property rights on the relationship between internal pay gap and corporate performance. The research results show that the internal pay gap of high-tech enterprises has an inverted U-shaped relationship with enterprise performance, that is, as the internal pay gap increases, it is beneficial to the performance of the enterprises within a certain range. If it exceeds a certain range, the increase of internal pay gap will negatively affect the performance of enterprises. The nature of property rights of enterprises has a regulating effect in the impact of pay gaps on corporate performance. Compared with private enterprises, state-owned enterprises are more suitable for relatively small pay gaps.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jin di Yang
AU  - Tong Xie
AU  - Hong ping Lian
PY  - 2019/09
DA  - 2019/09
TI  - The relationship between internal pay gap and performance of listed companies in high-tech industry
BT  - Proceedings of the 2019 3rd International Seminar on Education, Management and Social Sciences (ISEMSS 2019)
PB  - Atlantis Press
SP  - 499
EP  - 507
SN  - 2352-5398
UR  - https://doi.org/10.2991/isemss-19.2019.97
DO  - 10.2991/isemss-19.2019.97
ID  - Yang2019/09
ER  -