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)

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
110
DOI
出版状态已出版 - 2015

Corresponding author email

mafirth@ln.edu.hk

关键词

  • Productivity
  • Relative pay
  • Top management pay
  • Transitional economy

成果物的来源

  • ABDC-A*
  • Scopus
  • SSCI

指纹

探究 'Relative pay and its effects on firm efficiency in a transitional economy' 的科研主题。它们共同构成独一无二的指纹。

引用此