中文摘要：

本文从董事长个人特征的角度，分别以董事长的年龄、任职时间、学历以及教育背景作为董事长过度自信的替代变量，由此考察了董事长的过度自信行为对我国上市公司管理层薪酬契约的影响，研究结果表明：董事长的年龄越低，任职时间越短，学历越低以及当董事长拥有经管类教育背景时，董事长的过度自信行为越强，因此，上市公司的管理层薪酬与公司业绩之间的敏感度越弱。本文的研究意义不仅在于为相关的理论研究提供了经验支持，而且也为了解我国上市公司管理层薪酬契约的制定机制提供了一个新的视角。

英文摘要：

Based on chairman personal characteristics, this paper selects age, tenure, education and education background of chairmen as proxy measures of chairman overconfidence, and examines the effect of chairman overconfidence on management compensation contract in Chinese listed companies. The empirical results show that, when chairmen are younger and have shorter tenure, have lower education and have economics and management education background, chairmen have stronger overconfidence, then the sensitivity of management compensation to corporate performance is weakened. This research not only provides empirical evidence on related theory analysis, but also provides a new insight on arrangement mechanism of management compensation contract in Chinese listed companies.