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https://hdl.handle.net/1959.11/15490| Title: | Corporate Governacne and Pay-Performance Sensitivity | Contributor(s): | Yarram, Subba Reddy (author) | Publication Date: | 2013 | DOI: | 10.5923/j.ijfa.20130208.10 | Handle Link: | https://hdl.handle.net/1959.11/15490 | Abstract: | The present study focuses on the performance sensitivity of CEO wealth for a sample of Australian firms for the period 2005 to 2011. For a sample of 2153 non-financial firm-years, the study analyses the influences of economic determinants, governance and ownership factors on the performance sensitivity of CEO wealth for the pre-GFC, post-GFC sub-periods. Employing pooled OLS and panel random effects (RE) regressions, the study finds that firm size, performance and growth opportunities have a significant positive influence on the performance sensitivity of CEO wealth. Board size, CEO duality, average director tenure and board interlocking have a negative significant influence on the performance sensitivity of CEO wealth while CEO tenure and managerial ownership have a significant positive influence. | Publication Type: | Journal Article | Source of Publication: | International Journal of Finance and Accounting, 2(8), p. 465-471 | Publisher: | Scientific & Academic Publishing Co | Place of Publication: | United States of America | ISSN: | 2168-4820 2168-4812 |
Fields of Research (FoR) 2008: | 140207 Financial Economics 150201 Finance |
Fields of Research (FoR) 2020: | 380107 Financial economics 350202 Finance |
Socio-Economic Objective (SEO) 2008: | 900101 Finance Services | Socio-Economic Objective (SEO) 2020: | 110201 Finance services | Peer Reviewed: | Yes | HERDC Category Description: | C1 Refereed Article in a Scholarly Journal |
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| Appears in Collections: | Journal Article |
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