Notice of RetractionAn empirical study on the interaction between executive pay of the state-owned enterprises and corporate social performance

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.

Most of the existing literatures focus on the relationship among corporate governance, executive compensation and financial performance. This paper brings corporate social performance into the contracting process of executive pay, and builds up a model of executive pay and corporate social performance based on stakeholder theory. To test hypotheses of the model, data are collected from 137 in the state-owned listed company, using factor analysis, regression analysis. The research shows that the annual salary has a positive association with strong corporate social performance and total corporate social performance has a negative correlation with weak corporate social performance; Executive ownership has no significant relationship with corporate social performance.