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dc.contributor.authorWindsor, C.
dc.contributor.authorCybinski, Patricia
dc.date.accessioned2017-05-03T11:49:52Z
dc.date.available2017-05-03T11:49:52Z
dc.date.issued2007
dc.date.modified2010-07-29T08:18:28Z
dc.identifier.refurihttp://www.afaanz.org/afaanz_2007_call.htm
dc.identifier.urihttp://hdl.handle.net/10072/32889
dc.description.abstractIn this study we investigate the effectiveness of corporate governance mechanisms in aligning executive remuneration with firm performance in a voluntary corporate governance context in Australia. The dependent variable, executive remuneration, comprises fixed pay, superannuation, fringe benefits and bonuses. We hypothesize that executive remuneration is constrained by calibre of directors, represented by directors' tertiary qualifications and years of industry experience. The proportion of non-executive directors on the board is also hypothesized restrain executive remuneration. Data from a sample of 50 large publicly listed Australian company annual reports over two years (2000-2001) are used. These data were obtained from a period prior to the increased regulation after 2002 resulting from corporate collapses. This study finds that directors' tertiary qualifications restrain executive remuneration whereas directors' industry experience has no significant effect. And contrary to expectations, for these large companies during this period of voluntary corporate governance, we find that the more independent boards ie. with a greater proportion of non-executive directors, did not significantly restrain executive remuneration..
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherAFAANZ
dc.publisher.placeCarlton Victoria
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofconferencename2007 AFAANZ conference
dc.relation.ispartofconferencetitle2007 AFAANZ conference
dc.relation.ispartofdatefrom2007-07-01
dc.relation.ispartofdateto2007-07-03
dc.relation.ispartoflocationGold Coast
dc.rights.retentionY
dc.subject.fieldofresearchcode350101
dc.titleThe link between executive remuneration, firm performance and corporate governance control in non-mandatory corporate governance context: Australian Evidence
dc.typeConference output
dc.type.descriptionE1 - Conferences
dc.type.codeE - Conference Publications
gro.date.issued2007
gro.hasfulltextNo Full Text
gro.griffith.authorCybinski, Patricia J.


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  • Conference outputs
    Contains papers delivered by Griffith authors at national and international conferences.

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