International Business professors author article in Chinese Management Studies
News + Events : International Business professors author article in Chinese Management Studies
Professor Joel Nicholson and Assistant Professor Lihua Wang of the International Business department have co-authored an article in the journal Chinese Management Studies.
The article, titled "Pay Systems in Chinese State-Owned Enterprises: A Review" looks at the design of compensation systems in state-owned enterprises in China under the current market-oriented economy.
The paper provides a comprehensive review and critique of what is known about pay systems in Chinese state-owned enterprises and identifies the gaps in the literature. The authors provide suggestions on three important sets of questions for future research:
- Why do some firms pay their employees more than other firms?
- Why do we observe different types of internal pay structures among firms? What are the consequences of these different structures?
- Why is the link between pay and performance weak in some firms but strong in others? Under what conditions pay-for-performance enhances the firm performance?