Xin, Qingquan; Bao, Anze; Hu, Fang - In: China Journal of Accounting Research 12 (2019) 2, pp. 177-189
State-owned enterprises (SOE) are essentially extensions of the government and are therefore responsible for multi-task objectives. The incentive system for SOE managers consists of both monetary compensation and promotion within the bureaucratic system. Political promotion is key to...
