A study of board structure and CEO compensation in Singapore.
The numerous media and academic reports on the continuing rise in executive compensation and lacklustre company performance in the industry turned shareholders’ attention to executive compensation. This study thus examines the impact of board characteristics on CEO compensation. From a sample of 442...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2010
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/21244 |
| _version_ | 1826121706470637568 |
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| author | Huang, Jiwei. Lim, Jesslin Kai Ting. Tan, Mei Hui. |
| author2 | Ho Kim Wai |
| author_facet | Ho Kim Wai Huang, Jiwei. Lim, Jesslin Kai Ting. Tan, Mei Hui. |
| author_sort | Huang, Jiwei. |
| collection | NTU |
| description | The numerous media and academic reports on the continuing rise in executive compensation and lacklustre company performance in the industry turned shareholders’ attention to executive compensation. This study thus examines the impact of board characteristics on CEO compensation. From a sample of 442 companies listed on the Mainboard of the Singapore Exchange Limited (SGX), we analyzed the relationship between CEO compensation and factors such as board size, board independence, CEO stock ownership, CEO duality and tenure.
The findings reveal that CEO duality and tenure have a significant effect on total CEO compensation. On the other hand, it is found that greater board independence leads to greater variable compensation while CEO stock ownership is inversely related to the proportion of CEO variable compensation. Overall, the evidence supports the view that board characteristics are important determinants of CEO compensation. |
| first_indexed | 2024-10-01T05:36:35Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/21244 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:36:35Z |
| publishDate | 2010 |
| record_format | dspace |
| spelling | ntu-10356/212442023-05-19T03:30:03Z A study of board structure and CEO compensation in Singapore. Huang, Jiwei. Lim, Jesslin Kai Ting. Tan, Mei Hui. Ho Kim Wai Nanyang Business School DRNTU::Business::Finance::Corporate governance The numerous media and academic reports on the continuing rise in executive compensation and lacklustre company performance in the industry turned shareholders’ attention to executive compensation. This study thus examines the impact of board characteristics on CEO compensation. From a sample of 442 companies listed on the Mainboard of the Singapore Exchange Limited (SGX), we analyzed the relationship between CEO compensation and factors such as board size, board independence, CEO stock ownership, CEO duality and tenure. The findings reveal that CEO duality and tenure have a significant effect on total CEO compensation. On the other hand, it is found that greater board independence leads to greater variable compensation while CEO stock ownership is inversely related to the proportion of CEO variable compensation. Overall, the evidence supports the view that board characteristics are important determinants of CEO compensation. BUSINESS 2010-03-23T08:47:23Z 2010-03-23T08:47:23Z 2010 2010 Final Year Project (FYP) http://hdl.handle.net/10356/21244 en Nanyang Technological University 50 p. application/pdf |
| spellingShingle | DRNTU::Business::Finance::Corporate governance Huang, Jiwei. Lim, Jesslin Kai Ting. Tan, Mei Hui. A study of board structure and CEO compensation in Singapore. |
| title | A study of board structure and CEO compensation in Singapore. |
| title_full | A study of board structure and CEO compensation in Singapore. |
| title_fullStr | A study of board structure and CEO compensation in Singapore. |
| title_full_unstemmed | A study of board structure and CEO compensation in Singapore. |
| title_short | A study of board structure and CEO compensation in Singapore. |
| title_sort | study of board structure and ceo compensation in singapore |
| topic | DRNTU::Business::Finance::Corporate governance |
| url | http://hdl.handle.net/10356/21244 |
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