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The Literature Review on Compensation System Design
School of Management, Jinan University, Guangzhou, China
- 1 School of Management, Jinan University, Guangzhou, China
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Abstract
In the fierce market competition environment, the development of enterprises is inseparable from the effective operation of management control system. As an essential part of management control system, the importance of compensation system design is beyond doubt. This paper summarizes the latest research on the considerations of compensation system design, and the influences of compensation system design on performance and financial misreporting, in the hope of being a suggestion on following research.
KeywordsCompensation System DesignPerformanceFinancial Misreporting
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