LI Jian-biao, Ph.D., professor of School of Business, member of Research Center on Corporate Governance, Nankai University; research fields: experimental economics, corporate governance and behavioral economics. JU Long, Ph.D. candidate of School of Business, member of Research Center on Corporate Governance, Nankai University; research fields: experimental economics and corporate governance. ZHANG Bin, Ph,D, candidate of School of Management, Anhui University of Finance & Economics; member of Research Center on Corporate Governance; research fields: experimental economics and labor economics. LI Na, Industrial and Commercial Bank of China; research fields: experimental economics and corporate governance. LIU Xu-guang, Ph.D. candidate of School of Business, member of Research Center on Corporate Governance, Nankai University; research fields: behavioral economics and corporate governance.