The Importance of Firm Ownership on CEO Compensation: An Empirical Study on New York Stock Exchange (NYSE) Companies
نویسندگان
چکیده
This important study in Executive Compensation topic investigated the importance of Firm Ownership on the CEO Compensation system in the New York Stock Exchange (NYSE) companies. This research had compared the CEO Compensation System of the Owner-Managed and the Management-Controlled companies from 2005 to 2010. The research question for this study was: is there a relationship between the CEO Cash Compensation, the Firm Size, the Accounting Firm Performance, and the Corporate Governanc e, among the Owner-Managed and the Management-Controlled companies?. It was found that, there was a relationship between the CEO Salary, the CEO Bonus, the Total Compensation, the Firm Size, the Accounting Firm Performance, and the Corporate Governance, among the Owner-Managed and the Management-Controlled companies.
منابع مشابه
Ownership Structure and CEO Compensation in North America: A Combined Study Ap-proach of NYSE and TSX/S&P Index compa-nies
This research had investigated ownership structure and its impact on CEO compensation system in TSX/S&P and NYSE indexes companies from the period 2005 to 2010. The totaled of two hundred and forty companies were selected through random sample method. The research question for this study was: is there a relationship between CEO compensation, firm size, accounting firm performance, and corporate...
متن کاملExplain the role of financial knowledge of board members and CEO independence on the quality of accounting information in companies listed on the Tehran Stock Exchange
Among the main factors in creating fundamental changes in the economic environment of Iran, we can name the generalization of ownership of economic enterprises, financing through public participation and privatization of public sectors and economic enterprises. In such circumstances, the transparency and good quality of financial information, which is the basis of optimal economic decisions of ...
متن کاملCEO Compensation and Company Performance
This paper examines the relationship of CEO pay and company performance for 280 firms listed on the New York Stock Exchange for a period from 2006 through 2009. The time frame of the study is a period after the adoption of the Sarbanes Oxley Act and after the SEC approval of the corporate governance rules affecting executive pay for New York Stock Exchange companies. I find there to be a positi...
متن کاملThe Role of Corporate Governance in Preventing Bankruptcy: a Case of Tehran Stock Exchange
The aim of this study is to investigate the effects of corporate governance mechanisms in preventing the bankruptcy of companies listed in Tehran Stock Exchange. For this purpose, corporate governance mechanisms, including institutional ownership, non-executive members of the board, CEO dual responsibility and free float stock are determined as independent variables and Bankruptcy based on the ...
متن کاملThe Role of Corporate Governance in Preventing Bankruptcy: a Case of Tehran Stock Exchange
The aim of this study is to investigate the effects of corporate governance mechanisms in preventing the bankruptcy of companies listed in Tehran Stock Exchange. For this purpose, corporate governance mechanisms, including institutional ownership, non-executive members of the board, CEO dual responsibility and free float stock are determined as independent variables and Bankruptcy based on the ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2012