Research on the Impact of Corporate Compensation Management Mechanism on Corporate Performance and Innovation Capability Based on the Context of Big Data Science

Abstract

This paper first analyzes the impact of ESG performance on the companies themselves from the perspective of the companies and investors to May 2020 Shenzhen created the GEM has 74 companies, using regression models to analyze the impact of compensation management mechanisms on company performance and innovation, respectively. The results show that: company performance is positively correlated with shareholding with a correlation coefficient of 0.523 and a significance probability Sig. = 0.005 < 0.05. The regression coefficient of employee compensation on innovation output is 0.079, which is significantly positively correlated at the 1% level. This study has a guiding role in promoting companies to practice ESG performance and promote the healthy development of the capital market.