Executives External Pay Gap and Enterprises Open Innovation

This study uses a panel regression model to empirically examine the influence of the executive pay gap on open innovation and its moderating effect. It picks the annual data of listed high-tech businesses in China from 2010 to 2022. The study demonstrates that a rise in the external executive pay gap will result in a rise in the degree of open innovation within businesses. The size of the board acts as a moderator. This research will offer crucial theoretical direction and decision-making resources for enhancing the corporate incentive structure for remuneration and developing innovative ideas of the highest caliber.