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CEOs’Diverse Career Experiences and the Effectiveness of Compensation Contracts:Evidence from Compensation Stickiness

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Journal of Systems Science and Systems Engineering 2024年第1期33卷 52-76页

作者： Shimin Sun Yongheng Wang Yawen Wang Mengyu Mao School of Business Administration Northeastern UniversityShenyang110169China

CEO compensation stickiness represents an important indicator to measure the effectiveness of compensation *** study uses CEO career experience data and compensation stickiness data from Shanghai and Shenzhen A-share listed companies from 2015 to 2020 to investigate the compensation contracts’effectiveness of CEOs with diverse career *** findings are as follows:1)Compensation stickiness is more pronounced for CEOs with diverse career *** to the mechanism test,these CEOs with diverse career experiences can obtain compensation incentives by reducing corporate uncertainty perception and improving total factor *** approach leads to increased compensation stickiness and the effectiveness of compensation *** with diverse career experiences may receive excess compensation by raising agency costs,which intensifies compensation stickiness and weakens the effectiveness of compensation contracts.2)Compensation stickiness of CEOs with diverse career experiences is more significant in companies with lower investor protection,which brings about less effective compensation *** contrast,in companies with higher diversification,the compensation stickiness of CEOs with diverse career experiences is more significant,which delivers more effective compensation *** conclusions deepen the research of CEO compensation contracts and provide a helpful reference for CEO compensation management practices.

关键词： CEOs’diverse career experiences effectiveness of compensation contracts compensation stickiness agency problems incentive mechanisms

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A notary group-based cross-chain mechanism

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Digital Communications and Networks 2022年第6期8卷 1059-1067页

作者： Anping Xiong Guihua Liu Qingyi Zhu Ankui Jing Seng W.Loke School of Computer Science and Technology Chongqing University of Posts and TelecommunicationsChongqing400065China School of Cyber Security and Information Law Chongqing University of Posts and TelecommunicationsChongqing400065China School of Information Technology Deakin UniversityVictoria3125Australia

As an emerging distributed technology, blockchain has begun to penetrate into many fields such as finance, healthcare, supply chain, intelligent transportation. However, the interoperability and value exchange between different independent blockchain systems is restricting the expansion of blockchain. In this paper, a notary group-based cross-chain interaction model is proposed to achieve the interoperability between different blockchains. Firstly, a notary election mechanism is proposed to choose one notary from the notary group to act as a bridge for cross-chain transactions. Secondly, a margin pool is introduced to limit the misconduct of the elected notary and ensure the value transfer between the involved blockchains. Moreover, a reputation based incentive mechanism is used to encourage members of the notary group to participate in cross-chain transactions. Ethereum-based experiments demonstrate that the proposed mechanism can provide an acceptable performance for cross-chain transactions and provide a higher security level than ordinary cross-chain mechanisms.

关键词： Blockchain Cross-chain Notary group Reputation ranking incentive mechanisms

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Online Healthcare Community Interaction Dynamics

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Journal of Management Science and Engineering 2016年第1期1卷 58-74页

作者： Xitong Guo Shanshan Guo Douglas Vogel Yijun Li School of Management Harbin Institute of Technology150001 HarbinChina Department of Management Sciences National Natural Science Foundation of China(NSFC)Beijing 100085China

With the increasing dilemma of the rapid global demand for healthcare services(often in the presence of limited resources),how to creatively allocate and use healthcare resources across a widespread population has become a salient *** healthcare communities(OHCs)are regarded as a potential ICT-based partial *** contrast to traditional healthcare,online doctor-patient interaction is unlimited in terms of time and space limitations while an OHC is exposed to the whole *** characteristics are key to achieving synergistic doctor-patient interaction and community development in the longer *** order to explore the nature of doctor-patient interaction dynamics in an OHC,we systematically investigate doctor-patient interaction dynamics from the dual perspectives of doctor and *** doctor-patient interaction dual-cycle model has been built based on six doctor-patient interaction processes(i.e.,searching,choosing,knowledge sharing,providing,receiving and balancing).According to our dual-cycle model,four key managerial issues in OHC(information asymmetry,incentive mechanisms,service delivery processes and interaction mechanisms)have been identified as *** and directions for future research,with challenges as well as opportunities,have been elaborated.A broad view with fruitful research potential is ensured and new theories and methods ultimately provide implications for effectively and efficiently allocating scarce healthcare resources to a broader population.

关键词： Online Healthcare Community Doctor-Patient Interaction Dual-Cycle Model Interaction Dynamics incentive mechanisms

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