Financial Regulation on Executive Pay in Chinese Banks
Weikang Zou ()
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Weikang Zou: University of International Business and Economics
Chapter Chapter 8 in Corporate Governance in the Banking Sector in China, 2019, pp 165-182 from Springer
Abstract:
Abstract The regulation on executive pay, as another leg of frame discourses in corporate governance in banking organizations, has drawn special attention ever since the 2007–2009 financial crisis and becomes actually the key of financial reforms across different model countries. It is in this context that this chapter reviews and explores, reflecting upon the implication of varied paradigms and legitimacies as discussed in the previous chapters, the pay regulation in varied model countries, which embraces the theoretical grounds for regulation on executive pay, the different elements in the executive compensation package, and diversified regulatory measures employed by varying model countries. This enables the chapter to continue to study regulation on executive pay in Chinese banking organization, which pertains to the specific composition of the executive remuneration, specialized regulatory mechanisms and arrangements, and increasing coordination between Chinese banks and financial regulators.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-981-13-3510-5_8
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DOI: 10.1007/978-981-13-3510-5_8
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