Deng, Bofu; Liu, Jiawei; Ji, Li - In: China Journal of Accounting Research 13 (2020) 3, pp. 251-269
The objective of this study is to examine whether and how non-financial performances, specifically the awards achieved … the corporations. Through an investigation of the correlation between corporate awards and compensation, we find that … corporate awards as collective honors raise managers' compensation but significantly reduce non-managerial compensation, thus …