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The Relationship of Firm Performance and Board Power to Executive Compensation.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	The Relationship of Firm Performance and Board Power to Executive Compensation./
Author:	Barnard, Thomas M.
Description:	1 online resource (109 pages)
Notes:	Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
Contained By:	Dissertation Abstracts International79-10A(E).
Subject:	Finance. -
Online resource:	click for full text (PQDT)
ISBN:	9780438048249

The Relationship of Firm Performance and Board Power to Executive Compensation.
Barnard, Thomas M.

The Relationship of Firm Performance and Board Power to Executive Compensation. - 1 online resource (109 pages)

Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.

Thesis (D.B.A.)--Capella University, 2018.

Includes bibliographical references

This study focuses on the problem of properly aligning executive incentives with that of shareholder interests. While it is widely believed that executive interests should be aligned with shareholders, there is not agreement on how best to do this, or that it leads to mutual benefits. Rather, there are many instances in which one party benefits and the other does not. This calls into question whether incentives may lead to worse financial outcomes for the company and shareholders in some situations. This study specifically looks at the relationship between firm performance/board power and executive compensation. The purpose of this study is to identify the performance components that have a direct relationship with compensation and determine their predictive ability. The questions being answered in this study are "What is the relationship between executive compensation and firm performance?", and "What is the relationship between executive compensation and board power?" Cash compensation and total compensation are measured against performance variables using multivariate regression. Data were gathered from publicly available sources such as Yahoo finance, company SEC filings, and Quandl. The study finds that revenue is the strongest variable at explaining the variation in cash compensation and total compensation. It concludes that ROA should be more aligned with executive compensation and perhaps revenue less so and that more research is needed to determine why the independent variables studied (ROA, APYt-2 & APYt-3) are not significant and to find other variables that will improve the model and help explain executive compensation.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780438048249Subjects--Topical Terms:

559073
Finance.
Index Terms--Genre/Form:

554714
Electronic books.

The Relationship of Firm Performance and Board Power to Executive Compensation.
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245 1 4 $a The Relationship of Firm Performance and Board Power to Executive Compensation.
264 0 $c 2018
300 $a 1 online resource (109 pages)
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500 $a Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
500 $a Adviser: Andrew Borchers.
502 $a Thesis (D.B.A.)--Capella University, 2018.
504 $a Includes bibliographical references
520 $a This study focuses on the problem of properly aligning executive incentives with that of shareholder interests. While it is widely believed that executive interests should be aligned with shareholders, there is not agreement on how best to do this, or that it leads to mutual benefits. Rather, there are many instances in which one party benefits and the other does not. This calls into question whether incentives may lead to worse financial outcomes for the company and shareholders in some situations. This study specifically looks at the relationship between firm performance/board power and executive compensation. The purpose of this study is to identify the performance components that have a direct relationship with compensation and determine their predictive ability. The questions being answered in this study are "What is the relationship between executive compensation and firm performance?", and "What is the relationship between executive compensation and board power?" Cash compensation and total compensation are measured against performance variables using multivariate regression. Data were gathered from publicly available sources such as Yahoo finance, company SEC filings, and Quandl. The study finds that revenue is the strongest variable at explaining the variation in cash compensation and total compensation. It concludes that ROA should be more aligned with executive compensation and perhaps revenue less so and that more research is needed to determine why the independent variables studied (ROA, APYt-2 & APYt-3) are not significant and to find other variables that will improve the model and help explain executive compensation.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
650 4 $a Finance. $3 559073
655 7 $a Electronic books. $2 local $3 554714
690 $a 0508
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a Capella University. $b School of Business and Technology. $3 1148483
773 0 $t Dissertation Abstracts International $g 79-10A(E).
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10817297 $z click for full text (PQDT)