Artikel

West meets east: Understanding managerial incentives in Chinese SOEs

State-owned enterprises (SOE) are essentially extensions of the government and are therefore responsible for multi-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 become complicated and challenging. Our study provides important implications for this key issue of SOE reform.

Language
Englisch

Bibliographic citation
Journal: China Journal of Accounting Research ; ISSN: 1755-3091 ; Volume: 12 ; Year: 2019 ; Issue: 2 ; Pages: 177-189 ; Amsterdam: Elsevier

Classification
Management
Subject
Bureaucratic hierarchy
Managerial incentives
Political promotion
SOE

Event
Geistige Schöpfung
(who)
Xin, Qingquan
Bao, Anze
Hu, Fang
Event
Veröffentlichung
(who)
Elsevier
(where)
Amsterdam
(when)
2019

DOI
doi:10.1016/j.cjar.2019.04.001
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Xin, Qingquan
  • Bao, Anze
  • Hu, Fang
  • Elsevier

Time of origin

  • 2019

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