The use of performance-based remuneration: High versus low-growth firms

Walker, J. (2010) The use of performance-based remuneration: High versus low-growth firms. Australian Accounting Review, 20 3: 256-264. doi:10.1111/j.1835-2561.2010.00098.x


Author Walker, J.
Title The use of performance-based remuneration: High versus low-growth firms
Journal name Australian Accounting Review   Check publisher's open access policy
ISSN 1035-6908
Publication date 2010-09
Year available 2010
Sub-type Article (original research)
DOI 10.1111/j.1835-2561.2010.00098.x
Volume 20
Issue 3
Start page 256
End page 264
Total pages 9
Editor Linda M. English
Place of publication Australia
Publisher Wiley-Blackwell Publishing Asia
Collection year 2011
Language eng
Subject C1
150303 Corporate Governance and Stakeholder Engagement
910202 Human Capital Issues
Abstract This study analyses the CEO remuneration structure and level for 100 Australian-listed entities. Consistent with expectations, it finds that high-growth firms pay their CEOs a greater proportion of performance-based pay, when equity-based rewards only are considered. High-growth firms also place greater reliance on market and/or non-financial performance standards for the award of performance-based pay. The extent to which performance-based remuneration is used as a component of CEO pay is positively associated with firm size and growth options. Other potential determinants of performance-based pay, such as financial performance, are not significantly associated with the use of performance-based remuneration.
Keyword Investment opportunity set
Corporate governance
Compensation
Intangibles
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: Faculty of Business, Economics and Law -- Publications
Official 2011 Collection
UQ Business School Publications
 
Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 1 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 4 times in Scopus Article | Citations
Google Scholar Search Google Scholar
Created: Sun, 03 Oct 2010, 00:08:27 EST