Executive compensation, firm performance, earnings management and corporate governance.
101 p.
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| Other Authors: | |
| Format: | Thesis |
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2011
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| Online Access: | http://hdl.handle.net/10356/47329 |
| _version_ | 1811678733149405184 |
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| author | Lee, Kin Wai. |
| author2 | Yeo Hian Heng, Gillian |
| author_facet | Yeo Hian Heng, Gillian Lee, Kin Wai. |
| author_sort | Lee, Kin Wai. |
| collection | NTU |
| description | 101 p. |
| first_indexed | 2024-10-01T02:57:57Z |
| format | Thesis |
| id | ntu-10356/47329 |
| institution | Nanyang Technological University |
| last_indexed | 2024-10-01T02:57:57Z |
| publishDate | 2011 |
| record_format | dspace |
| spelling | ntu-10356/473292024-01-12T10:10:11Z Executive compensation, firm performance, earnings management and corporate governance. Lee, Kin Wai. Yeo Hian Heng, Gillian Nanyang Business School DRNTU::Business::Management 101 p. This thesis contains two studies. In study one, I investigate whether dispersion of compensation among the top management team affects firm performance. As suggested by tournament theory, higher pay dispersion provides the incentives to motivate better organizational performance. In contrast, based on social and psychological considerations, equity-fairness theory suggests that greater pay dispersion reduces employees' effort, which translates to lower firm performance. Consistent with tournament theory, I find that firm performance is positively associated with the dispersion of compensation among the top management team. When within-firm interdependency is high, increasing dispersion of top management compensation reduces firm performance. Finally, large firms, high-growth and high technology firms have larger dispersion of compensation among the top management team. Doctor of Philosophy (NBS) 2011-12-27T07:06:24Z 2011-12-27T07:06:24Z 2004 2004 Thesis http://hdl.handle.net/10356/47329 Nanyang Technological University application/pdf |
| spellingShingle | DRNTU::Business::Management Lee, Kin Wai. Executive compensation, firm performance, earnings management and corporate governance. |
| title | Executive compensation, firm performance, earnings management and corporate governance. |
| title_full | Executive compensation, firm performance, earnings management and corporate governance. |
| title_fullStr | Executive compensation, firm performance, earnings management and corporate governance. |
| title_full_unstemmed | Executive compensation, firm performance, earnings management and corporate governance. |
| title_short | Executive compensation, firm performance, earnings management and corporate governance. |
| title_sort | executive compensation firm performance earnings management and corporate governance |
| topic | DRNTU::Business::Management |
| url | http://hdl.handle.net/10356/47329 |
| work_keys_str_mv | AT leekinwai executivecompensationfirmperformanceearningsmanagementandcorporategovernance |