Urban size and senior executive compensation : evidence from China

Jiafeng Zong, Man Guo, Liang Zhou

Relying on data of Chinese listed companies and city scale during 2005-2010, we document a positive relationship between the size and location of urban firms and total senior executive compensation. Tenure and corporate performance have a positive impact on the total senior executive compensation in mega-cities and large cities. Higher wages in big cities may be compensating for the price of housing and price of city amenity. This conclusion may explain why people, especially senior executives, are heading to big cities.

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Year of publication:	2019
Authors:	Zong, Jiafeng ; Guo, Man ; Zhou, Liang
Published in:	Journal of urban management. - Amsterdam [u.a.] : Elsevier, ISSN 2589-0360, ZDB-ID 2837330-3. - Vol. 8.2019, 2, p. 282-287
Subject:	Agglomeration \| Senior executive compensation \| Wage premium \| China \| Führungskräfte \| Managers \| Managervergütung \| Executive compensation \| Vergütungssystem \| Compensation system \| Lohn \| Wages \| Betriebsgröße \| Firm size \| Agglomerationseffekt \| Agglomeration effect
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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.1016/j.jum.2019.03.004 [DOI] hdl:10419/271353 [Handle]
Classification:	L20 - Firm Objectives, Organization, and Behavior. General ; R13 - General Equilibrium and Welfare Economic Analysis of Regional Economics ; R23 - Regional Migration; Regional Labor Markets; Population ; R38 - Government Policy
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012037137