Artikel
How do independent directors view CEO pay disparity in China?
Given the vital role of independent directors in determination of executives' compensation, we explore how independent directors view the CEO pay disparity. Using the data of all companies listed on the Shenzhen and Shanghai stock exchanges for the period 2005 to 2015, we find that the proportion of independent directors on the board is negatively associated with the extent to which executives' pay is dispersed. This finding suggests that independent directors view the dispersion of the CEO's and other executive directors' pay from the managerial power theory perspective rather than from the tournament theory.
- Language
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Englisch
- Bibliographic citation
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Journal: Pakistan Journal of Commerce and Social Sciences (PJCSS) ; ISSN: 2309-8619 ; Volume: 13 ; Year: 2019 ; Issue: 1 ; Pages: 95-103 ; Lahore: Johar Education Society, Pakistan (JESPK)
- Classification
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Wirtschaft
- Subject
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CEO pay disparity
CEO tenure
China
independent directors
managerial power
and state owned firms
tournament incentives
- Event
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Geistige Schöpfung
- (who)
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Siddique, Muhammad Abubakkar
Jafar, Shagufta
Usman, Muhammad
- Event
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Veröffentlichung
- (who)
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Johar Education Society, Pakistan (JESPK)
- (where)
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Lahore
- (when)
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2019
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Siddique, Muhammad Abubakkar
- Jafar, Shagufta
- Usman, Muhammad
- Johar Education Society, Pakistan (JESPK)
Time of origin
- 2019
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