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  • 标题:The Level of CEO Compensation for the Short and Long-term – A View on High-tech Firms
  • 本地全文:下载
  • 作者:Paula Faria ; Paula Faria ; Francisco Vitorino Martins
  • 期刊名称:Procedia - Social and Behavioral Sciences
  • 印刷版ISSN:1877-0428
  • 出版年度:2014
  • 卷号:110
  • 页码:1023-1032
  • DOI:10.1016/j.sbspro.2013.12.949
  • 语种:English
  • 出版社:Elsevier
  • 摘要:AbstractThis study examines the relationship between corporate performance and the Chief Executive Officer compensation in high- technology firms in the S&P 1500. The total CEO compensation and short and long-term compensations were tested regarding corporate performance. A panel data SUR model is estimated and describes the total compensation and cash compensation as a proportion of total pay for the period between 2000 and 2010 in high-technologies firms. The findings indicate that there is a strong and positive relation between CEO compensation and firm performance. This econometric study provides a better understanding on the relationship between CEO compensation and performance in high-technologies firms.
  • 关键词:Corporate finance;executive compensation;governance
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