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Executive remuneration and company performance for South African companies listed on the Alternative Exchange (AltX)

Southern African Business Review

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Field Value
 
Title Executive remuneration and company performance for South African companies listed on the Alternative Exchange (AltX)
 
Creator Scholtz, HE
Smit, A
 
Subject executive remuneration, corporate governance, performance-based remuneration, alignment of interests
 
Description It is often believed that it is the role of the executive directors of acompany to create value and profits for the company. The questionarises: should directors then receive an increase and performancerelatedremuneration if value is not created? This article examines the relationship between short-term executive compensation and company performance for a sample of companies listed on the Alternative Exchange (AltX) in South Africa between 2003 and 2010. Evidence is provided that there is a strong relationship between executive remuneration and some company performance variables, such as total assets, turnover and share price. The corporate governance measures and disclosure requirements applicable toexecutive remuneration are also examined.Key words: executive remuneration, corporate governance, performance-based remuneration, alignment of interests
 
Publisher College of Economic and Management Sciences (UNISA)
 
Contributor —
 
Date 2013-02-15
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/sabr/article/view/85454
 
Source Southern African Business Review; Vol 16, No 1 (2012); 22-38
1998-8125
1561-896X
 
Language eng
 
Relation https://www.ajol.info/index.php/sabr/article/view/85454/75386
 
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