Mandatory CSR Disclosure and Pay Gap: Evidence from China

被引：5

作者：

Huang, Haoyue ^{[1
]}

Yu, Li ^{[2
]}

Zhang, Jian ^{[3
]}

机构：

[1] Southwestern Univ Finance & Econ, Sch Finance, Chengdu, Peoples R China

[2] Univ Manitoba, Asper Sch Business, Winnipeg, MB, Canada

[3] Shanghai Int Studies Univ, Sch Business & Management, 550 Dalian West Rd, Shanghai 200083, Peoples R China

来源：

EMERGING MARKETS FINANCE AND TRADE | 2022年 / 58卷 / 13期

基金：

中国国家自然科学基金;

关键词：

Mandatory CSR disclosure; pay gap; CORPORATE SOCIAL-RESPONSIBILITY; TOP MANAGEMENT; FIRM; PRODUCTIVITY; INFORMATION;

D O I：

10.1080/1540496X.2022.2050902

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates whether mandatory corporate social responsibility (CSR) disclosures impact pay gaps between executives and rank-and-file employees in China. The study shows that CSR disclosure requirements attenuate the pay gap. This impact is more significant among companies with higher information asymmetry, with stronger employee bargaining power, and located in provinces with better legal environments. Finally, we show that a lower pay gap encourages economic growth by improving innovation and productivity.

引用

页码：3781 / 3812

页数：32

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