ASU Electronic Theses and Dissertations
This collection includes most of the ASU Theses and Dissertations from 2011 to present. ASU Theses and Dissertations are available in downloadable PDF format; however, a small percentage of items are under embargo. Information about the dissertations/theses includes degree information, committee members, an abstract, supporting data or media.
In addition to the electronic theses found in the ASU Digital Repository, ASU Theses and Dissertations can be found in the ASU Library Catalog.
Dissertations and Theses granted by Arizona State University are archived and made available through a joint effort of the ASU Graduate College and the ASU Libraries. For more information or questions about this collection contact or visit the Digital Repository ETD Library Guide or contact the ASU Graduate College at gradformat@asu.edu.
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- All Subjects: Business Administration
- Creators: Zhang, Huibing
- Creators: Qiu, Xin
Publishers of newspapers were traditionally considered non-profit organizations or social institutions in China. Because of their focus on social goals, their activities were not market driven, including the incentive systems for editorial staff members who were central to the content of the newspapers. As the competition from market-driven new media companies increased, many traditional newspaper organizations started to transform themselves into profit-seeking companies. To survive and grow stronger in the new environment, the traditional newspaper industry needs to effectively motivate its workforce by implementing an effective incentive system for the editorial staff.
In this study I first explain the difficulities the traditional newspaper organizations face to implement an incentive system that both satisfies media’s social responsibility and creates sufficient incentive for for editorial staff. Next, I provides a brief history of the reforms occurred in the Chinese newspaper industry in general and the reforms in Shanghai in particular. I then conduct in-depth case analyses of the incentive systems adopted by four successful companies, including one U.S. media company, two Chinese media groups, and one private non-media company in China. Based on the findings from these case analyses and a demographic analysis of the challenges in motivating editorial staff, a new incentive system is designed and implemented in a major newspaper/media group in Shanghai, followed by a survey of its effects on the editorial staff months later. According to the survey, I find that editorial staff members are generally positive about the reforms that have been carried out at this media group, reinforcing the confidence of the group’s leaders in continuing to push the reforms forward. This study concludes by proposing a framework that can be used to guide the transformation of the traditional newspaper organizations to market-driven new media companies.
风险投资主要是针对具有较好发展前景的公司,大部分风险投资主要趋向于高科技企业。风险投资可以为我国中小微企业提供资源、风控和资金等不同方面的服务,这对推动我国社会经济发展和产业变革将产生积极影响。为此分析和研究风险投资对企业经营管理的影响具有重大理论意义,同时也具备一定的现实意义。
本文针对研究需求选取的研究对象是2012—2017年中国A股上市公司,采通过多元线性回归分析的方式,从企业管理角度来分析风险投资对企业高管薪酬——业绩敏感性的影响。在此基础上综合性的分析与检验风险投资的参与对于被投资企业高管薪酬——业绩敏感性是否有影响。研究结果表明:(1)高管薪酬与业绩正相关;(2)风险投资会影响企业激励制度,对高级管理人员股权激励将产生重要影响,被投资企业高管薪酬——业绩敏感性在风险投资作用下有一定程度提高。
关键词: 风险投资;业绩敏感性;高管薪酬