Determinants of CEO compensation in the financial institutions: An empirical investigation

被引:0
|
作者
Shim, E [1 ]
Lee, J [1 ]
机构
[1] Catholic Univ Sacred Heart, Dept Accounting, Fairfield, CT 06432 USA
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暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper investigates determinants of CEO compensation in the 73 financial institutions. It empirically examined the relationship between CEO compensation and accounting-based and market-based performance of the financial institutions. The results suggest that Financial CEO's compensation is significantly and positively related to ROA and to a less degree associated with ROE and Market-to-book assets. Zn addition firm size shows a significant positive relationship with CEO's total compensation as well as cash compensation (salary and bonus).
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页码:166 / 168
页数:3
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