-financial performance of state-owned enterprises (SOEs) in China: the increase in compensation and the stickiness of this compensation for … financial performance based on corporate awards in SOEs are both stronger than in non-SOEs. Moreover, when managers cannot fully … obtain other forms of incentives (such as perk consumption or equity incentives), the effect of corporate awards on managers …

counterbalance CEOs in specific situations. Using panel data on state-owned listed companies in China, we conduct an empirical study … situations. Using panel data on state-owned listed companies in China, we conduct an empirical study of how non-CEO top manager …