关键词: 薪酬管制, 超额薪酬, 会计信息质量

Abstract: Under the background of stateowned enterprises （SOEs） compensation system reform，this paper examines the influence of payment ceiling on managers' excess payment and the quality of accounting information of SOEsThe results show that，there is a Ushaped relationship between managers' excess payment and the quality of accounting information；payment ceiling reduces SOEs' quality of accounting information by reducing excess payment of managers；the policy effect of payment ceiling is not targeted，and it significantly reduces the excess compensation of underincentive group and overincentive group without difference；the implementation of equity incentives and improving audit quality will help to weaken the negative impact of payment ceilingThe conclusion of this paper shows that the existing payment ceiling is effective，but the salary limit standard is relatively roughThe future reform of salary system of SOEs should refine payment ceiling standard based on the balance of cost and benefit and strive to adapt measures to local conditions and use precise salary limit.

Key words: payment ceiling, excess compensation, quality of accounting information