Executive compensation and firm performance: Evidence from selected publicly listed firms in the Philippines, 2009-2012

Date of Publication

2014

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Commerce Major in Management of Financial Institutions

Subject Categories

Finance and Financial Management

College

Ramon V. Del Rosario College of Business

Department/Unit

Financial Management

Thesis Adviser

Joseph Vincent David

Defense Panel Member

Patricia Benito
Neriza M. Delfino
Mar Andriel Umali

Abstract/Summary

The correlation of executive pay with respect to firm performance has been the focus of executive pay studies, addressing agency problems by aligning the rewards of executives and of the shareholders. However, majority of the studies prior to this have neglected the probability of motivational effects and two-way pay-performance causation. This study reports Philippine executive pay-permanence sensitivity, with international comparisons to examine if the Philippine's institutional environment has formed results at par with other market economies. Results show that there is no two-way causality on executive pay and firm performance. Only shareholder value was found to be significant and granger caused executive pay.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU21263

Shelf Location

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

Physical Description

83 leaves : illustrations

Keywords

Executives--Philippines; Compensation management--Philippines

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