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Communist China Prefers Capitalism on CEO Pay: Cutting Research

Chinese executive pay is looking more Western.

Compensation of chief executive officers is increasingly linked to corporate performance even as the communist state retains control of the largest firms, Alex Bryson, John Forth and Minghai Zhou wrote in “Same or Different? The CEO Labour Market in China’s Public Listed Companies.” It appeared in the February issue of The Economic Journal, a publication of the U.K.’s Royal Economic Society.