This study selected 473 local research articles on executive compensation from core journals in the China Academic Journals(CNKI)full-text database and the Chinese Social Sciences Citation Index(CSSCI)from 2003 to 202...This study selected 473 local research articles on executive compensation from core journals in the China Academic Journals(CNKI)full-text database and the Chinese Social Sciences Citation Index(CSSCI)from 2003 to 2020.Then,the bibliometric analysis method was adopted and conducted in regard to the number of articles published,authors,research institutions,high-frequency keywords,etc.In view of the increasing studies of this field,this study showed that a few scholars and institutions with high academic influence have been involved in the research on executive compensation gap in China.The results from this study revealed that the research on the relationship between executive compensation gap and firm performance as well as the moderating variables between them were topics of interests.In the context of the increasing compensation gap which had become a global interest,the research on management power and promotion incentives have established their significance as important research frontiers.展开更多
We examine the impact of Confucian philosophy on external pay gaps,and find that a Confucianist atmosphere is negatively associated with firms’external pay gaps for both executives and employees.Mechanistically,the C...We examine the impact of Confucian philosophy on external pay gaps,and find that a Confucianist atmosphere is negatively associated with firms’external pay gaps for both executives and employees.Mechanistically,the Confucian concept of“righteousness”reduces the self-interested motivation of management,in turn reducing executives’external pay gap;“humaneness”causes management to focus on protecting employees’rights and interests,benefiting employees’compensation;and“honesty”improves information disclosure,reducing the external compensation gap for both executives and general employees.The inhibitory effect of Confucian culture on the external pay gap is greater in regions with weak formal institutions and non-state-owned firms,while foreign cultural shocks attenuate the Confucian influence.Finally,the Confucian culture-driven reduction of the external pay gap improves enterprises’economic efficiency.展开更多
文摘This study selected 473 local research articles on executive compensation from core journals in the China Academic Journals(CNKI)full-text database and the Chinese Social Sciences Citation Index(CSSCI)from 2003 to 2020.Then,the bibliometric analysis method was adopted and conducted in regard to the number of articles published,authors,research institutions,high-frequency keywords,etc.In view of the increasing studies of this field,this study showed that a few scholars and institutions with high academic influence have been involved in the research on executive compensation gap in China.The results from this study revealed that the research on the relationship between executive compensation gap and firm performance as well as the moderating variables between them were topics of interests.In the context of the increasing compensation gap which had become a global interest,the research on management power and promotion incentives have established their significance as important research frontiers.
基金the financial support of the key research projects of Liaoning Provincial Department of Education(LJKZZ20220123)
文摘We examine the impact of Confucian philosophy on external pay gaps,and find that a Confucianist atmosphere is negatively associated with firms’external pay gaps for both executives and employees.Mechanistically,the Confucian concept of“righteousness”reduces the self-interested motivation of management,in turn reducing executives’external pay gap;“humaneness”causes management to focus on protecting employees’rights and interests,benefiting employees’compensation;and“honesty”improves information disclosure,reducing the external compensation gap for both executives and general employees.The inhibitory effect of Confucian culture on the external pay gap is greater in regions with weak formal institutions and non-state-owned firms,while foreign cultural shocks attenuate the Confucian influence.Finally,the Confucian culture-driven reduction of the external pay gap improves enterprises’economic efficiency.
