Media coverage,board structure and CEO compensation: Evidence from Taiwan |
| |
| Authors: | Chia-Wei Chen Bingsheng Yi J Barry Lin |
| |
| Institution: | 1. Tunghai University, Taichung, Taiwan;2. California State University-Dominguez Hills, Carson, CA, USA;3. School of Management, Simmons College, Boston, USA |
| |
| Abstract: | This paper investigates the relationship between CEO cash compensation and media coverage of firms, analyst forecasts and board structure using data from the Taiwan Stock Exchange. We find that, other things being equal, CEO cash compensation is much higher for firms with greater media coverage, firms with more positive news, firms with more analyst forecasts, and firms with larger institutional holdings. There is little evidence that board size and board independence affect CEO cash compensation, and CEO duality is negatively associated with CEO cash compensation |
| |
| Keywords: | CEO compensation Media coverage Board Corporate governance |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
