Performance Sensitivity of Executive Pay: The Role of Foreign Investors and Affiliated Directors in Japan

• Main Authors: COLPAN, Asli M., YOSHIKAWA, Toru
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Corporate Governance; Executive Compensation; Ownership; Board of Directors; Japan; Asian Studies; Human Resources Management; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/4579; https://ink.library.smu.edu.sg/context/lkcsb_research/article/5578/viewcontent/Performance_Sensitivity_Pay_av_2012.pdf
• Institution: Singapore Management University

This study investigates the effects of corporate governance factors on the firm performance and executive compensation linkage. Specifically, we examine how domestic corporate-appointed directors, bank-appointed directors and foreign ownership moderate the relationship between firm profitability, sa...