Interindustry differences in the relation between compensation and firm performance variables
Article Abstract:
The relationship between compensation for chief executive officers (CEO) and accounting variables elucidating corporate performance was analyzed. The stewardship objective in accounting is focused on generating data useful for evaluating the performance of CEOs. Four variables were analyzed for companies in the banking, petroleum and gas, electric utilities, and retail food industries: accounting returns, net interest income, stock returns, and sales revenue. Research results revealed that including net interest income and sales revenue with the traditional variables of accounting and stock returns enhanced the explanatory power of the relationship between stock returns and the compensation of CEOs.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
Employee compensation and firms' research and development activity
Article Abstract:
The relation between R&D levels and employee compensation contracts was analyzed to elucidate differences between firms with high and low R&D budgets and the relationship between R&D expenditures and accounting- and stock-based performance measures. Research results indicate that firms with high R&D budgets typically have a greater incidence of offering stock option plans to key employees. There is a strong correlation between R&D and the strength of the implicit relation between accounting- and stock-based performance measures and total compensation.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
A comment on 'A Behavioral Study of the Meaning and Influence on Tax Complexity'
Article Abstract:
A reexamination of the research on the influence of complexity on taxpayer reporting conducted by V.C. Milliron indicates the research was limited. The characteristics of Milliron's research design result in confusion in the interpretation of the relationships among the manipulations of the dimensions and reporting positions.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 1990
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: A note on the relationship between reported cash flow measures, ratios and their accrual counterparts. Managements' views on share buy-backs: an Australian survey
- Abstracts: CEO selection, succession, compensation and firm performance: a theoretical integration and empirical analysis
- Abstracts: R&D spending, domestic competition, and export performance of Japanese manufacturing firms. A sociological view on why firms differ
- Abstracts: A field study on the limitations of activity-based costing when resources are provided on a joint and indivisible basis