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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2023-06-01
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Series: | China Journal of Accounting Research |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1755309123000011 |