Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1003058 | Research in International Business and Finance | 2016 | 12 Pages |
Abstract
This essay analyses the relationship between corporate governance practices and Chief Executive Officer (CEO) wages from a sample of Portuguese listed companies over the period from 2002 to 2011. The relationship between CEO total compensation and shareholders return, firm characteristics, CEO characteristics, board of directors and shareholders characteristics is analysed. It is found that firm specific factors accounts for the majority of the variance in total CEO pay, while firm performance accounts for less than 5%. It is also found that the CEO characteristics, board of directors’ structures, and shareholders features are related with the CEO pay.
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Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Paulo Alves, Eduardo Barbosa Couto, Paulo Morais Francisco,