Notice of RetractionEmpirical Study on the Relationship between Salaries of Corporate Top Managers

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.

The paper made analysis of listed companies from2004 to 2006 which were divided into two sub-samplesrespectively as state-owned listed companies and private listed companies. Results are obtained as follows: differences existed between state-owned listed companies and private listed companies in terms of the mechanism of salaries; top managerspsila salaries were in steady weak positive correlation to firm performance and firm scale but not steadily correlated to the proportion of state-owned shares; within private listed companies, top managerspsila salaries were not steadily correlatedto firm performance, firm scale or the proportion of stateowned shares; salaries of top managers in both state-owned enterprises and private enterprises were under apparent influence of regional and industrial difference.