• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文学位 >Chief Executive Officers' Compensation and Firms' Performance in the U.S. Banking Industry
【24h】

Chief Executive Officers' Compensation and Firms' Performance in the U.S. Banking Industry

机译：美国银行业首席执行官的薪酬与公司绩效

获取原文
获取原文并翻译 | 示例
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

The growth rate of chief executive officers' (CEOs) compensation has dramatically outpaced average employees' pay increases. Scholars have not been able to reach a consensus on whether the financial performance of firms has a positive influence on CEOs' compensation. Also, boards of directors lack a clear understanding of the relationship between financial performance of firms and CEOs' incentive compensation in the U.S. banking industry. The purpose of this correlational study was to examine the predictive relationship between financial performance of firms (measured by return on equity [ROE] and annual revenue) and CEOs' total compensation in the U.S. banking industry. According to agency theory, which was the theoretical framework for this study, failing to understand such a relationship could cause a misalignment between CEOs' compensation and the performance of firms. Hence, the research question was, does a predictive relationship exist between ROE, annual revenues of firms, and CEOs' total compensation? Archival data from publicly traded U.S. banking firms were collected and analyzed. Multiple regression techniques were used to identify a statistically significant predictive model, F (2, 121) = 95.691, p < .000, R2 = .613. Changes in annual revenue were found to be significantly more sensitive than changes of ROE relative to the impact on changes in CEOs' total compensation. This study may contribute to positive social change by raising individuals' awareness of the importance of maintaining CEOs' equitable compensation. Additionally, compensation committees of banking firms can use the findings from this study to evaluate their compensation strategies and make necessary adjustments.
机译：首席执行官（CEO）薪酬的增长率大大超过了普通员工的薪酬增长。对于公司的财务绩效是否对首席执行官的薪酬产生积极影响，学者们尚未达成共识。此外，董事会对美国银行业中公司的财务绩效与首席执行官的奖励金之间的关系缺乏清晰的了解。这项相关研究的目的是检验美国银行业公司财务业绩（通过股本回报率[ROE]和年收入衡量）与首席执行官总薪酬之间的预测关系。根据代理理论（该研究的理论框架），如果不了解这种关系，可能会导致CEO的报酬与公司绩效之间出现不一致。因此，研究的问题是，净资产收益率，企业的年收入和首席执行官的总薪酬之间是否存在预测关系？收集并分析了美国上市银行的存档数据。多元回归技术用于确定具有统计学意义的预测模型，F（2，121）= 95.691，p <.000，R2 = .613。相对于对首席执行官总薪酬变化的影响，发现年收入的变化比ROE的变化更为敏感。这项研究可能会通过提高个人对保持CEO公平报酬的重要性的认识来促进积极的社会变革。此外，银行公司的薪酬委员会可以使用本研究的结果来评估其薪酬策略并进行必要的调整。

著录项

  • 作者

    Li, Xin.;

  • 作者单位

    Walden University.;

  • 授予单位 Walden University.;
  • 学科 Economics.;Finance.
  • 学位 D.B.A.
  • 年度 2018
  • 页码 152 p.
  • 总页数 152
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类 建筑科学;
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号