Political Promotion, Ceo Compensation, and Their Effect on Firm Performance

• المؤلفون الرئيسيون: CAO, Xiaping Jerry, LEMMON, MICHAEL, TIAN, GARY, PAN, XIAOFEI
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2009
• الموضوعات: Managerial incentives; political promotion; firm performance; CEO compensation; Human Resources Management
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/1816; https://ink.library.smu.edu.sg/context/lkcsb_research/article/2815/viewcontent/JerryCaoCEOCompensationandPoliticalCareer.pdf

We investigate the impact of CEO’s compensation-based and promotion-based incentives on firm performance in China, where the CEOs of most state-owned enterprises are government appointed and thus face dual incentives. We find that both monetary and political incentives are positively related to firm...