高階經理人的薪酬、績效與盈餘管理之關聯性研究:以美國、中國及台灣金融業為例

經濟全球化趨勢下，各國間的經濟關係更加密切，金融事件發生常常是牽一髪而動全身，全球經濟皆受影響。2008年由美國引發的次貸危機衍生為全球金融海嘯，全球無一倖免包含中國大陸、台灣…等。因為金融海嘯關係使得美國的銀行及企業在破產、倒閉且經濟衰退之際，董監酬勞的多寡與比例問題已在媒體和社會引發關注，因此金融海嘯中高階主管坐擁高薪的問題常被社會與論提起和檢視。
過去探討高階主管薪酬與績效的議題，通常以一般產業為樣本，這些研究的結果也都未達到一致性的結果，而且金融業常因其特殊性而被排除在外。本研究企圖補足此一缺口：探討金融業高階經理人之薪酬與公司績效的關係。而且，過去的文獻縱使以金融業為樣本，可能基於樣本的可取得性，多以美國金融業為樣本，鮮少將中國大陸及台灣金融業納入研究對象。本文研究之目的係了解探討美國、中國、台灣高階管理者之薪酬與公司績效的關係，進一步了解薪酬績效敏感性 (Pay-Performance Sensitivity)的高低，是否會影響銀行透過備抵呆帳的提列來進行盈餘管理的動機。

Trend of economic globalization, countries closer economic relationship between the financial incidents often pull a hairdresser and the whole body, the global economy are affected. In 2008 by the U.S. subprime mortgage crisis triggered the global financial tsunami derivatives, including the world escaped China, Taiwan . so on. Because the relationship between the financial tsunami makes U.S. banks and companies in bankruptcy, and economic recession, the amount of director compensation and the ratio has raised concern in the media and society. Financial tsunami-paid executives sitting on the issue often mentioned.

The last of executive compensation and performance issues, usually a sample of the general industry, the results of these studies also did not reach consistent results, and financial sector often been excluded because of their specificity. This study attempts to fill this gap: the manager of the financial sector of higher pay and company performance relationship. Moreover, the literature even though the financial industry as a sample, may be made based on the availability of samples, and more to the U.S. financial industry as a sample, rarely will the Chinese and Taiwan's financial industry into the study. The purpose of this study to understand of the United States, China, Taiwan, the executive of the relationship between pay and company performance, better understanding of pay performance sensitivity (Pay-Performance Sensitivity) of the high and low, will affect the bank's Loan Loss Provision to the motivation to earnings Management.