Abstract

This research investigated the determinants on CEO compensation of firms listed on the Vietnamese stock market. The data included 187 non – financial companies listed in the period from 2012 to 2015. The main analysis method of this research was Generalized Method of Moment. The results showed a significant positive relationship between firm performance and CEO compensation. The results also showed a significantly positive relationship between company size and CEO compensation. Other factors were also found to have a positive impact on CEO compensation such as foreign ownership, CEO tenure and CEO education. However, there was no evidence on the effect of private ownership, state ownership, CEO age, CEO ownership and CEO duality on CEO compensation.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call