Abstract

The study aimed to verify the relationship of ownership structure with the compensation of executives of companies listed on the BMFBovespa. Descriptive research with quantitative approach was conducted from desk research on a sample of 172 companies which showed the necessary data for this study. Data collection was carried out in the Reference Form, both relating for executive compensation as the ownership structure. The results of the list of rights on the cash flows and excess control rights to the compensation of executives revealed that only excess control rights had negative relation to executive compensation. Thus, it is concluded that there is a negative relationship between ownership structure and the remuneration of executives of listed companies in Brazil, which indicates the more concentrated is the smallest property is executive 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