An empirical study on the determinant factors of key management compensation in all publicly listed companies in the Philippines

Date of Publication

2014

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Accountancy

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Thesis Adviser

Florenz C. Tugas

Defense Panel Chair

Herminigilda E. Salendrez

Defense Panel Member

Alloysius Joshua S. Paril
Alger C. Tang
Aeson Luiz C. Dela Cruz

Abstract/Summary

Because of the significance of the role of key management personnel, numerous studies have emphasized the manner in which they are compensated. However, these studies have only focused on one variable and have not analyzed it on a time series basis. As such, the change in compensation from year to year is often overlooked. This study will revolve around the determinants that affect the change in compensation of key management personnel across a five-year period among all Philippine-listed companies. We focused on seven independent variables in a quantitative approach. These variables are: firm size, firm age, and quick ratio under firm characteristic return on invested capital, and corporate income tax under performance stock price changes under equity characteristics and the extent of disclosure under corporate transparency. Through the panel data regression model, we determined that capital returns cause significant impact on key management compensation.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU18877

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

vi, 93 leaves ; 28 cm. + ; 1 computer optical disc.

This document is currently not available here.

Share

COinS