Relational incentives in Chinese family firms
This paper mainly discusses the choice of managerial compensation contracts in Chinese family firms. Relation or guanxi in Chinese language is an important factor that should be considered because it can bring the shirking cost to the relation-based manager and the caring cost to the owner under...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2011-01-01
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| Series: | Panoeconomicus |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2011/1452-595X1104511P.pdf |