Research ArticleOpen AccessGoogle Scholar indexed
Relative Performance Evaluation—A Review of Recent Literature at Home and Abroad
Jinan University, Guangzhou, China
- 1 Jinan University, Guangzhou, China
Copy link · social · email
Abstract
Relative performance evaluation is an important part of performance evaluation and compensation incentive research. Following the logical relationship among the existence, influence factors and economic consequences of relative performance evaluation, this paper sorts out the frontier research at home and abroad in recent years, focusing on the analysis and summary of the selection criteria of the peer enterprises and economic consequences of relative performance evaluation. On this basis, this paper looks forward to the future research direction. This paper has certain enlightenment significance for understanding and grasping the research dynamics, focus and future research directions of relative performance evaluation.
KeywordsRelative Performance EvaluationInfluencing FactorsEconomic Consequence
- Jayaraman, S., Milbourn, T.T., Peters, F.S., et al. (2015) Product Market Peers and Relative Performance Evaluation. Social Science Electronic Publishing.
- Drake, K.D. and Martin, M. (2016) Implementing Relative Performance Evaluation: The Role of Life Cycle Peers. Social Science Electronic Publishing.
- Dikolli, S.S., Diser, V., Hofmann, C., et al. (2018) CEO Power andmance evaluation. Contemporary Accounting Research, 35, 1279-1296. https://doi.org/10.1111/1911-3846.12316
- Hu, Y. and Zhou, H. (2012) Executive Compensation, Corporate Growth Level and Relative Performance Evaluation—Evidence from Chinese Listed Companies. Accounting Research, No. 5, 22-28.
- Chen, D., Liang, S. and Zhu, P. (2012) Relative Performance Evaluation and Executive Compensation: Evidence from Chinese Listed Companies. China Journal of Accounting Research, 5, 127-144. https://doi.org/10.1016/j.cjar.2012.02.002
- Zhou, H., Jian, L., Li, G., et al. (2014) Competition Degree and Relative Performance Evaluation in Different Markets—Based on the Empirical Test of Shanghai and Shenzhen Listed Companies from 2004 to 2012. Accounting Research, No. 5, 59-66.
- Zhang, D. and Wang, Y. (2016) Marketization Process, Executive Compensation and Relative Performance Evaluation—Evidence from Shanghai and Shenzhen A Shares. Journal of Jinan University (Philosophy and Social Sciences), 38, 117-125.
- Cai, G. and Zheng, G. (2016) Executive Compensation in Business Groups: Evidence from China. China Journal of Accounting Research, 9, 25-39. https://doi.org/10.1016/j.cjar.2015.06.003
- Mahlendorf, M.D., Kleinschmit, F. and Perego, P. (2014) Relational Effects of Relative Performance Information: The Role of Professional Identity. Accounting, Organizations and Society, 39, 331-347. https://doi.org/10.1016/j.aos.2014.05.001
- Park, H. and Vrettos, D. (2015) The Moderating Effect of Relative Performance Evaluation on the Risk Incentive Properties of Executives’ Equity Portfolios. Journal of Accounting Research, 53, 1055-1108. https://doi.org/10.1111/1475-679X.12092
- Angelis, D. and Grinstein, Y. (2016) Relative Performance Evaluation in CEO Compensation: A Non-Agency Explanation. Social Science Electronic Publishing.
- Demeré, B.W., Krishnan, R., Sedatole, K.L., et al. (2016) Do the Incentive Effects of Relative Performance Measurement Vary with the Ex Ante Probability of Promotion? Management Accounting Research, 30, 18-31. https://doi.org/10.1016/j.mar.2015.09.002