Furthermore it focuses on the announcement effect and issuers’ short-term performance.
接着重点对可转债的公告财富效应以及可转债发行人的短期绩效变化进行了研究。
参考来源 - 我国可转债公告财富效应及其短期绩效研究·2,447,543篇论文数据，部分数据来源于NoteExpress
④高管持股比例与企业绩效呈正相关关系但并不显著，并且与短期绩效相关性更强；
There was a positive correlation between executives shareholding and corporate performance, but not significant, and would be stronger with the short-term corporate performance;
从企业再造的实践来看，这导致许多企业追求短期绩效的巨大改进而损害了企业的长远利益。
Viewed from the practice of reengineering, it does a lot of harm to enterprise's long-term benefit because of going after radical improvement on short-term performance.
最后，我们坚定地认为，在薪酬方面存在过度行为。业界正着力确保薪酬与长期、而非短期绩效挂钩。
Finally, we firmly believe that there have been excesses on the compensation front, and the industry is working to ensure that compensation is tied to long-term, not short-term, performance.
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