TITLE

The Level of CEO Compensation for the Short and Long-Term - A View on High-Tech Firms

AUTHOR(S)
Faria, Paula; Martins, Francisco Vitorino; Brandão, Elísio
PUB. DATE
December 2013
SOURCE
Working Papers (FEP) -- Universidade do Porto;Dec2013, Issue 519, preceding p1
SOURCE TYPE
Working Paper
DOC. TYPE
Article
ABSTRACT
This study examines the relationship between corporate performance and the Chief Executive Officer compensation in high-technology firms in the S&P 1500. The total CEO compensation and short and long-term compensations were tested regarding corporate performance. A panel data SUR model is estimated and describes the total compensation and cash compensation as a proportion of total pay for the period between 2000 and 2010 in high-technologies firms. The findings indicate that there is a strong and positive relation between CEO compensation and firm performance. This econometric study provides a better understanding on the relationship between CEO compensation and performance in high-technologies firms.
ACCESSION #
93436936

 

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