Faculty Scholarship 1994 - Present

Canonical Approach to the Diverse Linkage Between Top Exec Comp and Bus Perf: Service Type Ind

This paper examined the relationships between executive compensation and corporate performance with respect to accounting-based and market-based performance in the service oriented (nonfinancial institutions and nonmanufacturing) industries. The major findings of the result suggest that there is a significantly positive relationship between executive compensation and firm size. In addition, most market-based performance like market value, sales growth, labor productivity , and ROE (Return on Equity) are likely to be linked to various types of executive compensation.