Journal of East China Normal University (Philosoph ›› 2016, Vol. 48 ›› Issue (1): 146-157.doi: 10.16382/ j.cnki.1000-5579.2016.01.017
• 公司治理研究 • Previous Articles Next Articles
YANG Rong
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Abstract: In recent years, excessive perks in state-owned companies have aroused widespread concern. Taking the A-share state-owned companies listed from year 2010 to 2014 as samples, this paper empirically verifies that the “Eight Provisions” restrains the perks by executive control. It restrains not only the total perks but also the unusual perks. The “Eight Provisions” have more power in restraining the perks in lower executive control companies and listed central state-owned corporations. Therefore, to maximize the deterrent effect of the “Eight Provisions” on the perks, it is necessary to implement the “Eight Provisions” further in listed central state-owned corporations.
Key words: &ldquo, Eight Provisions&rdquo, 丨perks丨executive control丨state-owned listed company
YANG Rong. “Eight Provisions”, Executive Control and the Perks[J]. Journal of East China Normal University (Philosoph, 2016, 48(1): 146-157.
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URL: https://xbzs.ecnu.edu.cn/EN/10.16382/ j.cnki.1000-5579.2016.01.017
https://xbzs.ecnu.edu.cn/EN/Y2016/V48/I1/146