1 Merit Pay, Responsibility and National Values: A U.S.-Taiwan Comparison Richard G. Brody Associate Professor University of South Florida St. Petersburg Suming Lin Professor of Accounting National Taiwan University Taipei, Taiwan 106 Stephen B. Salter Associate Professor University of Cincinnati, Cincinnati, OH 45221-0211 saltersb@ucmail.uc.edu (Corresponding author) Forthcoming in the 2006 Fall issue of The Journal of International Accounting Research (A journal of the American Accounting Association) Acknowledgements: The authors would like to acknowledge participants at research seminars at the University of Melbourne (Australia) and the University of South Florida. We would also like to thank Andrea Drake at the University of Cincinnati and various anonymous reviewers at the Academy of International Business and the American Accounting Association Annual Meeting who provided invaluable comments on early versions of this document.