Abstract
The purpose of this paper was to investigate the relationship between compensation packages and the performance of executive officers in Commercial Public Enterprises in Namibia. The paper was conducted to achieve the following specific objective: to determine the relationship between compensation packages of executives and the performance of Commercial PEs in Namibia. It was all in the context of mixed research approach for data collection using a questionnaire as a tool. The study found that there is a partial relationship between executive compensation and the performance of some commercial public enterprises, in accordance with their Tier Levels. It is recommended that the Government (shareholder) finds the best fit model of executive compensation packages in order to induce a positive level of performance. It is further recommended that a study be conducted, to investigate the relationship between the role of an independent high-level committee on executive compensation packages, aimed at enhancing performance in Commercial Public Enterprises in Namibia
 
 Keywords: Compensation Package; Performance; Commercial Public Enterprises; Executives
Highlights
Management should have the aptitude to run a company in the interests of the owners
The purpose of this paper was to investigate the relationship between compensation packages and the performance of executive officers in commercial Public Enterprises in Namibia
The research approaches are described in terms of design, methods, population, instruments and procedures used for data collection as well as procedures used during the data analysis, as follow: To determine the relationship between compensation package of executives and the performance of commercial PEs in Namibia
Summary
Management should have the aptitude to run a company in the interests of the owners. Management does think about the shareholders; managers look for personal gain. Problems arise when the interests of the managers are different from the interests of the shareholders this is commonly referred to as the agency problem. Conflict will occur unless the compensation of management is somehow tied to the interests of shareholders. This makes the relationship between compensation packages, the executive and overall company performance an important area of study. What is known is that executives receive excessively high remuneration, which is often not linked to their individual performance or that of their companies
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