Jiang, Xuanyu; Gu, Zhen; Yang, Yuemiao - In: China journal of accounting studies 12 (2024) 1, pp. 106-139
In the context of improving the multi-level capital market structure and promoting common prosperity, we examine the impact of NEEQ's (National Equities Exchange and Quotations) tiered system on corporate labour share. We find that the corporate labour share significantly increases when the firm...