Similar Search Results

Relative performance evaluation and executive compensation : evidence from Chinese listed companies

Chen, Donghua; Liang, Shangkun; Zhu, Pin - In: China journal of accounting research : CJAR 5 (2012) 2, pp. 127-144

This paper focuses on the effect of relative performance evaluation (RPE) on top managers’ compensation in Chinese … tasks of managers in SOEs. …

Persistent link: https://www.econbiz.de/10011825215

A survey of executive compensation contracts in China's listed companies

Li, Yubo; Lou, Fang; Wang, Jiwei; Yuan, Hongqi - In: China journal of accounting research : CJAR 6 (2013) 3, pp. 211-231

We analyze 228 executive compensation contracts voluntarily disclosed by Chinese listed firms and find that central-government-controlled companies disclose more information in executive compensation contracts than local-government-controlled and non-government-controlled companies. Cash-based...

Persistent link: https://www.econbiz.de/10011825857

Board affiliation and pay gap

Chen, Shenglan; Ma, Hui; Danlu, Bu - In: China journal of accounting research : CJAR 7 (2014) 2, pp. 81-100

This paper examines the effects of board affiliation on the corporate pay gap. Using a sample of Chinese listed firms from 2005 to 2011, we find that boards with a greater presence of directors appointed by block shareholders have lower pay gaps. Furthermore, the governance effects of board...

Persistent link: https://www.econbiz.de/10011843869

Career concerns, shareholder monitoring and investment efficiency : from the perspective of compensation contract rigidity in Chinese SOEs

Wan, Hualin; Zhu, Kai; Chen, Xinyuan - In: China journal of accounting research : CJAR 8 (2015) 1, pp. 59-73

This paper presents theoretical analysis of how career concerns and shareholder monitoring affect chief executive officer (CEO) agency costs. We investigate investment efficiency prior to CEO retirement based on a sample of Chinese state-owned enterprises (SOEs) during the 1999-2007 period and...

Persistent link: https://www.econbiz.de/10011844386

Geographical relationships and CEO compensation contracts

Yu, Junli; Xu, Wei; Zhang, Ping - In: China journal of accounting research : CJAR 10 (2017) 2, pp. 127-139

Persistent link: https://www.econbiz.de/10011844756

Executive compensation and conflict between shareholders and creditors : evidence from creditor litigation

Li, Xiao; Wang, Yanchao; You, Hong - In: China journal of accounting research : CJAR 13 (2020) 4, pp. 405-424

Using creditor litigation data from China, we investigate whether creditors can participate in corporate governance when agency conflict between shareholders and creditors is severe. By comparing firms that have experienced creditor lawsuits (litigation firms) with those that have not...

Persistent link: https://www.econbiz.de/10012404309

Does the reputation mechanism apply to independent directors in emerging markets? : evidence from China

Luo, Jin-hui; Liu, Yue - In: China journal of accounting research : CJAR 16 (2023) 1, pp. 1-28

We examine whether reputable independent directors improve firm performance and governance quality in emerging markets, using data from China. Firms with such directors, measured as the number of directorships in other listed firms, have higher profitability, operating efficiency and...

Persistent link: https://www.econbiz.de/10014281507

Can differences in the background characteristics of the chairperson-CEO vertical dyad reduce management agency costs? : a perspective based on the internal configuration of the to...

Lei, Qianhua; Li, Jingchang; Zhong, Yaheng; Huang, Yujia - In: China journal of accounting research : CJAR 16 (2023) 1, pp. 1-25

We test whether differences in the background characteristics of firms' chairperson and CEO can reduce management agency costs. We find that when the chairperson is older, has a higher level of education, and has more overseas experience than the CEO, the management agency costs will be lower. A...

Persistent link: https://www.econbiz.de/10014281509

West meets east: understanding managerial incentives in Chinese SOEs

Xin, Qingquan; Bao, Anze; Hu, Fang - In: China journal of accounting research : CJAR 12 (2019) 2, pp. 177-189

-task objectives. The incentive system for SOE managers consists of both monetary compensation and promotion within the bureaucratic … system. Political promotion is key to understanding the incentives of SOE managers. In the reform and opening up era, SOEs … have been reformed and exposed to political and market forces. The design of incentive systems for SOE managers has thus …

Persistent link: https://www.econbiz.de/10012016565