Board affiliation and pay gap

Artikel

This paper examines the effects of board affiliation on the corporate pay gap. Using a sample of Chinese listed firms from 2005 to 2011, we find that boards with a greater presence of directors appointed by block shareholders have lower pay gaps. Furthermore, the governance effects of board affiliation with and without pay are distinguished. The empirical results show that board affiliation without pay is negatively related to the pay gap, while board affiliation with pay is positively related to the pay gap. Overall, the results shed light on how block shareholders affect their companies' pay gaps through board affiliation.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: China Journal of Accounting Research ; ISSN: 1755-3091 ; Volume: 7 ; Year: 2014 ; Issue: 2 ; Pages: 81-100 ; Amsterdam: Elsevier

Klassifikation und Themen

• Klassifikation: Management ; Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance ; Compensation Packages; Payment Methods ; Personnel Management; Executives; Executive Compensation
• Thema: Board affiliation ; Pay gap ; Agency problem

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Chen, Shenglan ; Ma, Hui ; Danlu, Bu
• Ereignis: Veröffentlichung
• (wer): Elsevier
• (wo): Amsterdam
• (wann): 2014

Weitere Informationen

• DOI: doi:10.1016/j.cjar.2014.03.001
• Handle: http://hdl.handle.net/10419/187619
• Letzte Aktualisierung: 20.09.2024, 08:22 MESZ