It appears you don't have support to open PDFs in this web browser. To view this file, Open with your PDF reader
Abstract
Taking listed petroleum and petrochemical companies from 2013 to 2021 as samples, this paper empirically examines the impact of stickiness of executive compensation on the value of petroleum and petrochemical enterprises and its influence path. The results show that the stickiness of executive compensation has a positive effect on the value of petroleum and petrochemical enterprises. The stickiness of executive compensation helps to improve the resource utilization rate of petroleum and petrochemical enterprises. Resource utilization plays a partial mediating role on the main effect, and there is an influence path of "stickiness of executive compensation - resource utilization - enterprise value". Equity incentive plays a significant moderating role. The gradual improvement of equity incentive contract will weaken the positive promoting effect of stickiness of executive compensation on the value improvement of petroleum and petrochemical enterprises.
You have requested "on-the-fly" machine translation of selected content from our databases. This functionality is provided solely for your convenience and is in no way intended to replace human translation. Show full disclaimer
Neither ProQuest nor its licensors make any representations or warranties with respect to the translations. The translations are automatically generated "AS IS" and "AS AVAILABLE" and are not retained in our systems. PROQUEST AND ITS LICENSORS SPECIFICALLY DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING WITHOUT LIMITATION, ANY WARRANTIES FOR AVAILABILITY, ACCURACY, TIMELINESS, COMPLETENESS, NON-INFRINGMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Your use of the translations is subject to all use restrictions contained in your Electronic Products License Agreement and by using the translation functionality you agree to forgo any and all claims against ProQuest or its licensors for your use of the translation functionality and any output derived there from. Hide full disclaimer