How Ownership and Corporate Governance Influence Chief Executive Pay in China's Listed Firms

By Michael Firth, P. M. Fung, Oliver M. Rui. 2007

340 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/6f49a4809e13a949cc6443db7dcc96d8887d6d14

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Citations in the corpus

The Impact of Board Gender Diversity and Foreign Institutional Investors on the Corporate Social Responsibility (CSR) Engagement of Chinese Listed Companies (2019, background): “It was also found that when a CEO has the dual role of chairmanship and CEO, it leads to a negative performance of the corporation, and the efficiency of the board decreases drastically because of the domination of the CEO and less CSR disclosures [97].”
Executive perks: Compensation and corporate performance in China (2011, background): “Then each sub-sample was stratified into two sub-samples of firms with higher or lower performance, with the median of the average ROA as the cutoff point.”
Executive Compensation and Corporate Fraud in China (2014, positive): “Existing studies on Chinese executive compensation have documented a positive correlation between executive pay and firm performance (Buck et al. 2008; Conyon and He 2011, 2012; Firth et al. 2006a, 2007; Kato and Long 2006a).”
Disproportional Ownership Structure and Pay-Performance Relationship: Evidence from China's Listed Firms (2011, methodology): “…previous studies (Conyon, 1997; Hermalin and Wallace, 2001; Girma et al., 2007), our results also show that larger firms paid their managers higher salaries, 7 Using a sample of China’s listed firms from 1998 to 2000, Firth et al. (2007) find no relationship between CEO pay and market performance.”
Executive Compensation, Corporate Governance and Corporate Performance: A Simultaneous Equation Approach (2015, background): “Their results are also generally consistent with those of previous and recent Chinese studies by Kato et al. (2006), Firth et al. (2006, 2007), and Conyon and He (2011, 2012), as well as those conducted in the emerging markets of Bulgaria and India by Jones and Kato (1996) and Kumar and Kaura…”
Corporate Governance in China: A Meta‐Analysis (2018, background): “As capital markets and related financial reforms become more influential in China, empirical studies indicate a stronger effect of alignment mechanisms on firm outcomes over time (Chen et al., 2011a; Conyon and He, 2011; Firth et al., 2007a, 2007b, 2007c; Kato and Long, 2006).”