CAJ | 학술논문

中小企业在国民经济中的地位和作用使得如何保持其持续稳定的成长已成为一核心问题，而近些年来较大的高管-员工薪酬差距也普遍存在于中小企业中，因此文章利用2008-2012年中小板131家上市公司的平衡面板数据，将高管一员工绝对薪酬差距及以薪酬分位数比率来衡量的差距不公平性同时纳入研究体系，探究高管-员工薪酬差距对企业成长性的影响以及高管控制权对二者关系所产生的作用。文章研究结果表明中小企业在薪酬体系设计时，应将高管-员工薪酬差距控制在合理范围内，在注重其激励作用的同时兼顾公平性，并应避免高管控制权在此过程中的不利影响．以实现企业的长期发展。
중소기업재국민경제중적지위화작용사득여하보지기지속은정적성장이성위일핵심문제，이근사년래교대적고관-원공신수차거야보편존재우중소기업중，인차문장이용2008-2012년중소판131가상시공사적평형면판수거，장고관일원공절대신수차거급이신수분위수비솔래형량적차거불공평성동시납입연구체계，탐구고관-원공신수차거대기업성장성적영향이급고관공제권대이자관계소산생적작용。문장연구결과표명중소기업재신수체계설계시，응장고관-원공신수차거공제재합리범위내，재주중기격려작용적동시겸고공평성，병응피면고관공제권재차과정중적불리영향．이실현기업적장기발전。
How to maintain the steady growth of small and medium enterprises （SMEs） has heeome a key issue because of their status and roles in the national economy. On the other hand, the big compensation gap between executives and employees has become common in SMEs in recent years. Therefore, the paper brings, based on the balanced panel data of 131 listed com panies in SMEs Board from the year of 2008 to 2012, both the absolute compensation gap between exeeutives and employees and unfairness of the gap which is measured by quantile ratio into the research system, to explore impacts of the compensation gap between top managers and ordinary employees on enterprises＇ growth as well as roles of managerial power played in the aforementioned relation. The results show that SMEs should keep the executive-employee compensation gap in a reasonable scope, which can be achieved by giving consideration to both incentives and fairness, and should aw）id the adverse effects of managerial power in designing compensation system in order to guarantee enterprises＇ growth.