The Political Determinants of Executive Compensation: Evidence from an Emerging Economy

The Political Determinants of Executive Compensation: Evidence from an Emerging Economy

In regulated economies, corporate governance mechanisms such as executive compensation are less driven by market-based forces but more subject to political influence. We study the political determinants of executive compensation for all listed Chinese firms in the context of an exogenous shock that...

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Bibliographic Details
Main Authors: LIANG, Hao, RENNEBOOG, Luc, SUN, Sunny Li
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2015
Subjects:
Executive compensation
Political economy
State ownership
Market friction
Asian Studies
Corporate Finance
Human Resources Management
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/4769
https://doi.org/10.1016/j.ememar.2015.04.008
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/lkcsb_research/4769
https://doi.org/10.1016/j.ememar.2015.04.008

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