Loading...
Please wait, while we are loading the content...
Similar Documents
Do CEO skills have an impact on CEO compensation and firm performance
| Content Provider | Semantic Scholar |
|---|---|
| Author | Furdíková, Katarína |
| Copyright Year | 2016 |
| Abstract | This thesis aims to link CEO skills to CEO compensation and firm performance. In order to do so, I divide CEO skills into general and firm-specific skills based on educational and career experience of the CEOs. The main objective is to investigate which CEO skills attract higher compensation in the market and whether those skills lead to a better firm performance. Insights about the drivers of the CEO compensation are essential in determining the right pay for the CEOs and therefore, an important topic to examine. The sample consists of 189 randomly selected CEOs from publicly quoted S&P 500 companies in years between 2013 and 2015. The results indicate significant positive relation between general CEO skills and total annual CEO compensation, however, show no significant relation between CEO skills and firm performance. The findings of this study provide evidence that general CEO skills are of bigger value to the companies when setting CEO compensation packages, although, they do not bring corresponding performance. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://thesis.eur.nl/pub/36464/M215-Furdikova_428882.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |