Li, Rui; Zhu, Zhikai; wang, xiaoyan; Chen, Jiping - 2023
The Anti-Monopoly Law serves as a competition policy to correct market order, providing a favorable institutional … impact of the Anti-Monopoly Law on executives’ excess perks. The results indicate that after implementing the Anti …-Monopoly Law, executives of companies with high monopoly power decrease their excess perks. The impact channel analysis suggests …