TITLE:
The Literature Review on Compensation System Design
AUTHORS:
Peidan Hong
KEYWORDS:
Compensation System Design, Performance, Financial Misreporting
JOURNAL NAME:
Modern Economy,
Vol.8 No.9,
September
22,
2017
ABSTRACT: In the fierce market competition environment, the development of
enterprises is inseparable from the effective operation of management control
system. As an essential part of management control system, the importance of
compensation system design is beyond doubt. This paper summarizes the latest
research on the considerations of compensation system design, and the
influences of compensation system design on performance and financial
misreporting, in the hope of being a suggestion on following research.