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High benefits and low wages: Employees as monitor of management in SOEs

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  • Zhou, Huizhong

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  • Zhou, Huizhong, 2004. "High benefits and low wages: Employees as monitor of management in SOEs," China Economic Review, Elsevier, vol. 15(4), pages 407-423.
    • Handle: RePEc:eee:chieco:v:15:y:2004:i:4:p:407-423
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    References listed on IDEAS

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    1. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    2. Holmstrom, Bengt & Milgrom, Paul, 1994. "The Firm as an Incentive System," American Economic Review, American Economic Association, vol. 84(4), pages 972-991, September.
    3. Milgrom, Paul R, 1988. "Employment Contracts, Influence Activities, and Efficient Organization Design," Journal of Political Economy, University of Chicago Press, vol. 96(1), pages 42-60, February.
    4. Aghion, Philippe & Tirole, Jean, 1997. "Formal and Real Authority in Organizations," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 1-29, February.
    5. Rein,Martin & Friedman,Barry L. & Wörgötter,Andreas (ed.), 1997. "Enterprise and Social Benefits after Communism," Cambridge Books, Cambridge University Press, number 9780521584036, October.
    6. Masahiko Aoki, 2013. "Toward an Economic Model of the Japanese Firm," Chapters, in: Comparative Institutional Analysis, chapter 18, pages 315-341, Edward Elgar Publishing.
    7. repec:ner:ucllon:http://discovery.ucl.ac.uk/17678/ is not listed on IDEAS
    8. Mathias Dewatripont & Jean Tirole, 1994. "A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(4), pages 1027-1054.
    9. Cauley, Jon & Sander, Todd, 1992. "Agency theory and the Chinese enterprise under reform," China Economic Review, Elsevier, vol. 3(1), pages 39-56.
    10. Xiao, Geng, 1991. "Managerial autonomy, fringe benefits, and ownership structure: A comparative study of Chinese state and collective enterprises," China Economic Review, Elsevier, vol. 2(1), pages 47-73.
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    Cited by:

    1. Wei, Chunyan & Hu, Shiyang & Chen, Feng, 2020. "Do political connection disruptions increase labor costs in a government-dominated market? Evidence from publicly listed companies in China," Journal of Corporate Finance, Elsevier, vol. 62(C).
    2. Kato, Takao & Long, Cheryl, 2011. "Tournaments and managerial incentives in China's listed firms: New evidence," China Economic Review, Elsevier, vol. 22(1), pages 1-10, March.
    3. Kurt Hess & Abeyratna Gunasekarage & Martin Hovey, 2010. "State‐dominant and non‐state‐dominant ownership concentration and firm performance," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 6(4), pages 264-289, September.
    4. Li, Qian & Guo, Mengting, 2022. "Do the resignations of politically connected independent directors affect corporate social responsibility? Evidence from China," Journal of Corporate Finance, Elsevier, vol. 73(C).

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