Relative pay and its effects on firm efficiency in a transitional economy
SSCI Scopus ABDC-A*
In this study, we examine the impact of relative pay (manager pay divided by average worker pay) on a firm＇s productivity. Using data from a major transitional economy, China, we find that relative pay is negatively associated with high productivity. Our results provide support for the view that workers are alienated when their incomes are far lower than that of top management and this leads to lower productivity. This effect is most pronounced in labor intensive firms.
2000，Journal of Economic Integration
2012，Decision Support Systems
2014，Journal of Comparative Economics
Journal of Economic Behavior & Organization
ESI Discipline：ECONOMICS & BUSINESS;