This study examines the impact of the prevalence of long-term equity-based CEO compensation incentives on GDP growth, and we address the moderating role of individualist versus collectivist cultures on this relationship. We argue long-term incentives given to CEOs in some firms may convey to...

This paper addresses the question of how bureaucratic incentives affect economic performance in China at the provincial level. This paper develops a novel model to measure promotion incentives of the Chinese provincial standing committee members from 1995 to 2015. Using machine learning...