Хураангуй:
In this study, I analyze the relationship between managerial compensation, corporate risk,
and operating efficiency in Taiwan stock market-listed companies. There are three main aspects
to this study. To begin with, we examined how different types of corporate risk can have different
effects on top manager salaries. Additionally, we investigated whether management efficiency is
associated with managerial compensation in Taiwan. In the last section, I examined the effect of
firm size on the relationship between top-manager salaries, corporate risk, and operating
efficiency. There is a striking difference between credit risk and other managerial compensation
risks based on my findings. Furthermore, the moderating effect of firm size varies by factor. All
my hypotheses were also supported by most estimated results. Subsequent explanations were
provided. It is also important to note that the phenomenon found in this study has implications for
the design of managerial compensation contracts.
