Innovation of management incentive mechanism and corporate performance of listed agricultural companies based on multiple linear regression model

This article proposes hypotheses about the relationship between innovation of management incentive mechanism and corporate performance of listed agricultural companies under “large-scale agriculture”. It selects 238 A-share listed agricultural companies on the Shanghai and Shenzhen markets from 2013 to 2018 as the research objects, and uses multiple linear regression model to perform regression analysis on panel data. The results show that management compensation and management equity incentive are positively correlated with the performance of listed agricultural companies at a 1% significance level. It is concluded that innovation of management incentive mechanism can promote the performance of listed agricultural companies, and the incentive effect of state-owned enterprises is less than that of other enterprises.