Confucian culture and the external pay gap

We examine the impact of Confucian philosophy on external pay gaps, and find that a Confucianist atmosphere is negatively associated with firms’ external pay gaps for both executives and employees. Mechanistically, the Confucian concept of “righteousness” reduces the self-interested motivation of ma...

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Bibliographic Details
Main Authors: Weimin Xie, Jialu Guo, Hengxin Zhang
Format: Article
Language:English
Published: Elsevier 2023-06-01
Series:China Journal of Accounting Research
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1755309123000011