高管激励对企业ESG表现的影响研究

Research on the Impact of Executive Incentives on Corporate ESG Performance

摘要: ESG理念倡导在长期发展中获得持续回报，符合我国企业可持续发展的经营理念。高管薪酬激励作为缓解企业代理问题的重要机制，能够从多个角度来影响企业的ESG表现。本文通过从利益协同效应、风险承担激励机制、优化治理机制三个方面来探讨高管激励对企业ESG表现的具体影响机制，同时文章结合当前实际情况探讨我国薪酬管理制度的目标冲突、指标模糊化、监管滞后等问题。最后本文从激励机制的科学化配置、企业差异化治理策略、薪酬管理考核指标体系建设和制度监管等几方面提出相关建议。

Abstract: The ESG concept advocates achieving sustainable returns in the long-term development, which is in line with the sustainable development business philosophy of Chinese enterprises. Executive compensation incentives, as an important mechanism to alleviate agency problems in enterprises, can influence the ESG performance of enterprises from multiple perspectives. This article explores the specific impact mechanisms of executive incentives on the ESG performance of enterprises from three aspects: the synergy of interests, the risk-taking incentive mechanism, and the optimization of governance mechanisms. At the same time, the article discusses the target conflicts, index fuzziness, and lagging supervision of the current salary management system in China. Finally, this article puts forward relevant suggestions from several aspects, including the scientific configuration of incentive mechanisms, differentiated governance strategies of enterprises, the construction of salary management index systems, and system supervision.