Relative pay and its effects on firm efficiency in a transitional economy

Michael Arthur Firth; Oliver Meng Rui; Tak Yan Leung; Chaohong Na

doi:10.1016/j.jebo.2014.12.001

Relative pay and its effects on firm efficiency in a transitional economy

Michael Arthur Firth (First Author), Oliver Meng Rui (Participant Author), Tak Yan Leung (Participant Author), Chaohong Na (Participant Author)

金融学

科研成果: 期刊稿件 › 期刊论文

摘要

In this study, we examine the impact of relative pay (manager pay divided by average worker pay) on a firm's productivity. Using data from a major transitional economy, China, we find that relative pay is negatively associated with high productivity. Our results provide support for the view that workers are alienated when their incomes are far lower than that of top management and this leads to lower productivity. This effect is most pronounced in labor intensive firms.

源语言	英语
页（从-至）	59-77
期刊	Journal of Economic Behavior & Organization
卷	110
DOI	https://doi.org/10.1016/j.jebo.2014.12.001
州	已出版 - 2015

Corresponding author email

mafirth@ln.edu.hk

关键词

Productivity
Relative pay
Top management pay
Transitional economy

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ABDC-A*
Scopus
SSCI

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10.1016/j.jebo.2014.12.001许可: CC BY-NC-ND

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引用此

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Relative pay and its effects on firm efficiency in a transitional economy

摘要

Corresponding author email

关键词

成果物的来源

访问文件

OpenUrl 可用性

指纹

引用此