谁会影响首席执行官的薪酬?公司业绩、所有权结构和董事会多样性

Q1 Business, Management and Accounting Journal of High Technology Management Research Pub Date : 2024-06-13 DOI:10.1016/j.hitech.2024.100501
Ahmed Bouteska , Anupam Das Gupta , Beverley Boden , Mohammad Zoynul Abedin
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引用次数: 0

摘要

本文研究了公司业绩、所有权结构和董事会性别多样性与公司董事会和首席执行官薪酬(即总薪酬、基于工资的薪酬和基于奖金的薪酬)之间的关系。本文采用了 2007 年至 2018 年 S&P 1500 家公司的独特数据集。实证结果表明,大型董事会和多元化董事会是首席执行官薪酬的主要决定因素,这与理论相符。此外,同时担任董事会主席职务的任期较长的首席执行官获得的报酬和奖金也高于同行。此外,公司的财务业绩也会影响首席执行官的薪酬,而这种影响在首席执行官的总薪酬中更为明显。本文补充了现有关于首席执行官薪酬、公司治理和董事会属性的文献,尤其是揭示了董事会多样性与首席执行官薪酬之间联系的经验支持,以及对健全公司治理实践的强烈要求。
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Who affects CEO compensation? Firm performance, ownership structure, and board diversity

This paper examines the relation among firm performance, ownership structure, and board gender diversity on the firm board and CEO compensation, i.e., total compensation, salary-based compensation, and bonus-based compensation. The paper employs a unique dataset from S&P 1500 firms from 2007 to 2018. The empirical results suggest that large and diversified boards are the main determinants of CEO compensation, in line with the theory. Moreover, longer-tenured CEOs who also hold the board chairperson position receive greater compensation and bonuses than their peers. In addition, a firm financial performance affects CEO compensation, with the influence being more pronounced in the CEO's total compensation. This paper adds to the existing literature on CEO compensation, corporate governance, and board attributes, especially when revealing empirical support for the link between board diversity and CEO compensation against a strong demand for sound corporate governance practices.

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来源期刊
Journal of High Technology Management Research
Journal of High Technology Management Research Business, Management and Accounting-Strategy and Management
CiteScore
5.80
自引率
0.00%
发文量
9
审稿时长
62 days
期刊介绍: The Journal of High Technology Management Research promotes interdisciplinary research regarding the special problems and opportunities related to the management of emerging technologies. It advances the theoretical base of knowledge available to both academicians and practitioners in studying the management of technological products, services, and companies. The Journal is intended as an outlet for individuals conducting research on high technology management at both a micro and macro level of analysis.
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