Notice of RetractionStatus quo of top executive compensation in Chinese state-owned monopolistic enterprises — Analysis based on the data of listed companies

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Based on the data of Chinese listed companies, this paper compares the top executive compensation of monopolistic state-owned enterprises with that of competitive state-owned enterprises and other nature of ownership. The results reveal the discrepancy among them and the causes, emphasize the singularity of top compensation system for monopolistic state-owned enterprises in the aspects of industrial and regional diversity, non-pecuniary compensation, executive ownership rate, and the like, and provide the basis for management of executive compensation in monopolistic industries.