Firm Performance and CEO Pay: Evidence from Indian Manufacturing

By: Material type: ArticleArticleLanguage: ENG Series: ; 19Publication details: Sept 2010 0Edition: 2Description: 137-147 PpSubject(s): DDC classification:
  •  Gho
Online resources: Summary: CEO compensation considerations have gained prominence in recent times, especially in the wake of the subprime turmoil. Using cross-section data on Indian manufacturing firms for 2007, the article explores the association between executive compensation and firm performance and concludes that pay for performance sensitivity estimates are significant although small in magnitude.
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CEO compensation considerations have gained prominence in recent times, especially in the wake of the subprime turmoil. Using cross-section data on Indian manufacturing firms for 2007, the article explores the association between executive compensation and firm performance and concludes that pay for performance sensitivity estimates are significant although small in magnitude.

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