Lu, Chuang; Niu, Yuhao - In: China journal of accounting research : CJAR 15 (2022) 3, pp. 1-22
reform of state-owned enterprises (SOEs). This paper investigates the effect of comparing employee compensation based on a … sample of A-share SOE groups from 2008 to 2018. We find that when employee compensation at one company sharply increases, the … employee compensation of other companies controlled by the same group will increase sharply in the following year. Further …