正义
诚实
补偿(心理学)
业务
组织文化
订单(交换)
公共关系
社会心理学
法学
政治学
财务
心理学
神学
哲学
作者
Weimin Xie,Jialu Guo,Hengxin Zhang
标识
DOI:10.1016/j.cjar.2023.100291
摘要
We examine the impact of Confucian philosophy on external pay gaps, and find that a Confucianist atmosphere is negatively associated with firms' external pay gaps for both executives and employees. Mechanistically, the Confucian concept of "righteousness" reduces the self-interested motivation of management, in turn reducing executives' external pay gap; "humaneness" causes management to focus on protecting employees' rights and interests, benefiting employees' compensation; and "honesty" improves information disclosure, reducing the external compensation gap for both executives and general employees. The inhibitory effect of Confucian culture on the external pay gap is greater in regions with weak formal institutions and non-state-owned firms, while foreign cultural shocks attenuate the Confucian influence. Finally, the Confucian culture-driven reduction of the external pay gap improves enterprises' economic efficiency.
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