The Ethical Dimension of Management Ownership in China

Journal of Business Ethics 141 (2):381-392 (2017)
  Copy   BIBTEX


Management ownership has ethical consequences because it has an interest alignment effect or an entrenchment effect. In this paper, we investigate the ethical consequences of management ownership in China using accounting conservatism as the direct measure of entrenchment and alignment between shareholders and managers. We argue and find that the ethical effect of management ownership differs significantly in firms with different ultimate controlling shareholders. Specifically, management ownership in non-state-owned enterprises has an alignment effect, while management ownership has less of an alignment effect in state-owned enterprises than in NSOEs. These results show that the ethical consequences of management ownership are moderated by the nature of ultimate controlling ownership.



    Upload a copy of this work     Papers currently archived: 83,890

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

The Effect of Guanxi on Audit Quality in China.Jihong Liu, Yaping Wang & Liansheng Wu - 2011 - Journal of Business Ethics 103 (4):621-638.
CSR in China Research: Salience, Focus and Nature. [REVIEW]Jeremy Moon & Xi Shen - 2010 - Journal of Business Ethics 94 (4):613 - 629.
Unevenness in Contemporary China: A Critical Inquiry.Haomin Gong - 2010 - Telos: Critical Theory of the Contemporary 2010 (151):57-85.
Business Ethics and Politics in China.Paul Steidlmeier - 1997 - Business Ethics Quarterly 7 (3):131-143.
Issues in Data Management.Sharon S. Krag - 2010 - Science and Engineering Ethics 16 (4):743-748.


Added to PP

20 (#596,624)

6 months
1 (#503,386)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Citations of this work

No citations found.

Add more citations

References found in this work

No references found.

Add more references