Executive perks: Compensation and corporate performance in China

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Executive Compensation and Corporate Fraud in China (2014, unknown): “Chinese executives might also receive undisclosed perks from their companies, although the price of these is frequently difficult to value (Adithipyangkul et al. 2011; Kato and Long 2006a).”
Corporate Governance in China: A Meta‐Analysis (2018, background): “Until the 1980s, all executive appointments and pay structures were regulated based on civil service seniority (Adithipyangkul et al., 2011; Buck et al., 2008).”
Politically connected boards and top executive pay in Chinese listed firms (2015, background): “Indeed, politically, China is a socialist country that arguably places importance on equality (or near equality) of pay between managers and workers (Adithipyangkul et al., 2011), a view echoed culturally by a high level of collectivism (Hofstede, 2003) and reduced managerial discretion (Crossland…”