Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/23760
Title: Meta-standards, financial performance and senior executive compensation in China: An institutional perspective
Authors: Lo, CKY 
Yeung, ACL 
Cheng, TCE 
Keywords: Financial performance
Institutional theory
ISO 9000
Meta-standards
Senior executive compensation
Issue Date: 2011
Publisher: Elsevier
Source: International journal of production economics, 2011, v. 129, no. 1, p. 119-126 How to cite?
Journal: International journal of production economics 
Abstract: We examine the relationships between number of business certifications and financial performance and senior executive compensation in Chinese manufacturing companies. The results show that the number of certifications obtained by a firm is significantly correlated with the compensation of the firm's senior management, but not with the firm's financial performance. We also find that ISO 9000, when adopted for the sake of meeting market institutional expectations, increases the operating cycle time of the certified firm. Our findings offer a clue to the cause of the popularity of meta-standards in Chinaexecutives adopt popular management techniques under an institutionalized environment to enhance their personal legitimacy, despite that the techniques may not necessarily improve firm performance.
URI: http://hdl.handle.net/10397/23760
ISSN: 0925-5273
DOI: 10.1016/j.ijpe.2010.09.011
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