Purpose - This paper aims to establish a theoretical framework that can comprehensively explain the executive compensation in state-owned enterprises (SOEs) within the context of socialism with Chinese characteristics. Design/methodology/approach - The author develops a theoretical framework for...

In the background of global warming, worldwide energy and environmental governance had received increasing attention. Measuring environmentally adjusted multi-factor productivity (EAMFP) can highlight the contribution of natural capital to economic development and the negative impact of...