39 research outputs found

    State Ownership, Legal Institution, and Independent Director Compensation: An Exploratory Study in China

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    This study examines the determinants of independent director compensation in China, with particular interest in the impact of state ownership and legal institutions. Controlling for the characteristics of directors, boards, and firms, we find independent director compensation is positively related to attributes of a director’s human and social capital such as education, effort, professional expertise, and connections (guanxi). We show that independent director pay is determined differently across ownership structures. Independent directors are paid less in companies owned by local government units, and independent directors in such companies are paid less in a region with more greatly developed legal institutions. This study contributes to the limited literature on independent director compensation by extending beyond the market economies to explore the determinants of independent director compensation in a transitional economy such as China. It also adds to the literature on legal institutions by examining the impact of legal development on compensation. Finally, this study informs the public of the current compensation practice, which will facilitate future policy making

    The nuclear imperialism-necropolitics nexus: contextualizing Chinese-Uyghur oppression in our nuclear age

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    This paper provides a review of the People’s Republic of China’s (PRC) nuclear warfare and uranium mining programs in the Xinjiang Uyghur Autonomous Region. Its scope spans from the PRC’s first nuclear weapon test in Lop Nor, to contemporary issues surrounding in-situ leach uranium mining in the Yili basin, which now provides a third of PRC’s uranium. By exploring these scenarios, a lens can be placed on the parameters and limitations to Uyghur life within a nuclear state. This paper draws on the work of Achille Mbembe’s necropolitics, whereby power is persistently exercised as violence, to consider the entangled aftermath of nuclear imperialism and its effects to Uyghur bodies, environment and culture. While racialized nuclear imperialism presented Uyghur lives as inconsequential to progress in Xinjiang, post-Cold War necropolitics presents Uyghur culture as a direct threat to the progress and values of the PRC sovereign state. This paper proposes that the ongoing exploitation of nuclear Xinjiang provides an additional motivation for state-imposed necropolitical sanctions upon Uyghur people. This paper also presents anew theoretical contribution, the “nuclear imperialism-necropolitics nexus”, which offers away to consider the entangled legacies of spaces of nuclear activity, from nuclear imperialism to the post-Cold War world
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