Executive compensation policy and company performance in Japan

研究成果: Review article査読

30 被引用数 (Scopus)

抄録

The purpose of this paper is to analyse whether companies' "way to pay their director" matters or not. Firstly, we fail to find a positive relationship between the performance-pay sensitivity and company performance. Thus, these results do not support our hypothesis that those companies that intensify the performance-pay sensitivity are more likely to improve their performance. In addition, this research fails to find a positive relationship between the change of pay policy and performance. These results are consistent with previous studies that directors' pay is not designed to motivate directors to work toward shareholders' value.

本文言語English
ページ(範囲)429-436
ページ数8
ジャーナルCorporate Governance: An International Review
13
3
DOI
出版ステータスPublished - 2005 5

ASJC Scopus subject areas

  • ビジネス、管理および会計(全般)
  • 戦略と経営
  • 技術マネージメントおよび技術革新管理

フィンガープリント

「Executive compensation policy and company performance in Japan」の研究トピックを掘り下げます。これらがまとまってユニークなフィンガープリントを構成します。

引用スタイル