The relationship between CEO compensation and company performance in a South African context

Journal of Economic and Financial Sciences

 
 
Field Value
 
Title The relationship between CEO compensation and company performance in a South African context
 
Creator Bradley, Samuel
 
Subject chief executive officer; company performance; compensation; remuneration; return on equity; earnings per share; return on assets; CEO age; CEO experience
Description The goal of this research was to determine, in a South African context, whether there is any correlation between chief executive officer compensation and the performance of the company. For the purposes of the research, the compensation of chief executive officers was broken down into three components: salary, bonus and ‘other’ remuneration, while company performance was measured on return on equity, return on assets and earnings per share figures. Data in respect of the forty largest listed companies in South Africa were collected over a period of five years. The results of this study indicate that there is no linear relationship between chief executive officer compensation and company performance variables. The econometric models did, however, show correlations between certain variables, taking into account the other predictor variables in the model. Evidence of correlations between age, experience and compensation was also found.
 
Publisher AOSIS
 
Contributor
Date 2013-10-31
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/jef.v6i3.247
 
Source Journal of Economic and Financial Sciences; Vol 6, No 3 (2013); 539-564 2312-2803 1995-7076
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://jefjournal.org.za/index.php/jef/article/view/247/327
 
Rights Copyright (c) 2018 Samuel Bradley https://creativecommons.org/licenses/by/4.0
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