Public welfare donation, rent sharing, and income gap within enterprises.

ABSTRACT: This study utilizes data from A-share listed companies between 2011 and 2020 to empirically investigate the impact and mechanism of public welfare donations on the internal income gap of enterprises. The research findings indicate that public welfare donations significantly increase the per capita salary of management, while their impact on the per capita salary of ordinary employees is not significant, thus leading to an expansion of the internal income gap within enterprises. The results from mechanism testing reveal that the income tax benefits resulting from charitable donations and the rise in corporate operating income have contributed to an increase in excess rent shared by enterprises and employees. Due to a stronger bargaining power, management shares more excess rents, thereby wi

SUBMITTER: Chen J 

PROVIDER: S-EPMC11376583 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature