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All that we know about the CEO labour market in China comes from studies of public listed companies and state …-owned enterprises (SOEs). This paper is the first to examine the operation of the CEO labour market across all sectors of the Chinese … China that exhibits many of the traits common to CEO labour markets in the West. …
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CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We …
Persistent link: https://www.econbiz.de/10010884490
We show that worker wellbeing is not only related to the amount of compensation workers receive but also how they receive it. While previous theoretical and empirical work has often been pre-occupied with individual performance-related pay, we here demonstrate a robust positive link between the...
Persistent link: https://www.econbiz.de/10011183323
Many large listed firms offer workers the opportunity to buy shares in the firm at discounted rates through employee stock purchase plans (ESPP). The discounted rate creates a gift exchange, where the firm hopes that workers who accept the gift reciprocate with greater loyalty and effort. But...
Persistent link: https://www.econbiz.de/10011126459
important feature in today's CEO labour market in China: around one-tenth of corporations deploy performance bonds and they are …
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I am grateful for the assistance of Kaleon Leong and Chong Wui Jean in the preparation of this paper. The paper draws on the work of the ASEAN Integration plan and other related papers for which the author gratefully acknowledges. The views expressed in the paper do not necessarily reflect the...
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