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2011 | 3 | 2 | 41-54
Article title

Directors Remuneration and Companies' Performance the Comparison of Listed Companies in Poland and UK

Title variants
Languages of publication
EN
Abstracts
EN
This paper examines the determinants of CEO compensation. There are many factors that influence CEO compensation. For this research three factors has been selected: companies size, accounting factor and market factor. The study looks at the relationship between each of this factors and directors remuneration. Sample of companies listed on London Stock Exchange (LSE) and Warsaw Stock Exchange (WSE) has been investigated over the period of 2007 - 2010. Data has been collected through annual reports content analysis and announcement on websites of LSE and WSE. Linear regression has been run on collected data. Positive correlation has been found between directors' remuneration and companies' size in both British and Polish listed companies. The relationship is also positive between directors pay and companies performance. Companies' performance has been assets by return on equity ratio (ROE) and Tobin's Q. All the findings are consistent with the outcome presented within previous research by variety of scholars.
Publisher
Year
Volume
3
Issue
2
Pages
41-54
Physical description
Dates
published
2011-01-01
online
2012-03-20
Contributors
  • Accounting & Finance Department, University of Greenwich, Park Row, London SE10 9LS
  • Faculty of Management, Warsaw University of Technology, Warsaw, Poland
References
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.doi-10_2478_v10238-012-0041-8
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