摘要：公允价值变动损益成为一个新的损益类科目计入利润表改变了上市公司原有的利润结构，这在新的会记准则出台后体现出来。就应用过程而言，从公允价值计量的影响，特别是对高管薪酬这一方面切入，本文论述了这两者之间的联系。本文以2016年A股1864家上市公司为样本，借鉴以往学者的研究方法，从财务数据作为切入点分析,发现上市公司管理层薪酬和公允价值的变动之间并非相互独立，而是有着一定的相关性。研究认为，这两者之间相互影响，相互制约。一方面，在公允价值的应用中，我国上市公司管理层薪酬契约有着积极的影响，而反过来，公允价值的变动也给企业带来一定的经济后果。可就目前我国的管理层薪酬机制而言，还无法有效地约束管理层，需要进一步改善。

关键词：管理层薪酬；公允价值变动损益；相关性

Research On The Impact of Fair Value Change Profit and Loss on Management Salary

Abstract：Since the implementation of the new accounting standards, the fair value gains and losses which become a new profit and loss account included in the income statement changed the original profit structure of listed companies. This paper takes 1864 A-share listed companies in 2016 as a sample, and draws lessons from the research methods of scholars in the past. In this paper, we discuss the relationship between executive compensation and fair value change. From the financial accounting data as a starting point research and analysis, found that changes in the fair value and the management of listed companies pay are interlinked, not independent. The study shows that the two will affect and restrict each other. For one thing, the management pay of the listed company in our country has positive effect in the application of the fair value, for another, the changes of fair value has brought some economic consequences to the enterprise. However, up to now, the executive compensation in our country cannot constraint management effectively, so the management of listed companies in China's remuneration mechanism remains to be further improved.

Key words: Changes In Fair Value Gains And Losses;Management Salary; Correlation; 

目录

0引言 1

1公允价值变动损益概述 2

1.1公允价值的含义 2

1.2公允价值变动损益的概念和作用 2

2管理层薪酬的概述 2

2.1管理层薪酬的概念以及构成 3

2.2管理层薪酬的分配方式 3

2.3管理层薪酬的分类 3

3公允价值变动损益与管理层薪酬的相关性分析 4

3.1管理层薪酬的行业分析 4

3.2回归分析验证 6

4存在的问题 9

4.1南京银行的数据分析 9

4.2管理层存在操纵公允价值变动损益的问题 10

5解决措施 11

5.1改善公司的内部环境 11

5.2建立科学的管理层薪酬考核指标 12

5.3改善公允价值计量模式和计量标准 13

5.4改进审计机制，强化企业外部审计的作用 13

结论 14

致谢