How director remuneration impacts firm performance: an empirical analysis of executive director remuneration in Pakistan

• Main Authors: azlam, ejaz, Haron, Razali, Tahir, Muhammad Naveed
• Format: Article
• Language: English; English; English
• Published: Borsa Istanbul Anonim Sirketi 2019
• Subjects: HG4001 Financial management. Business finance. Corporation finance.
• Online Access: http://irep.iium.edu.my/70554/1/70554_How%20director%20remuneration%20impacts%20firm_article.pdf; http://irep.iium.edu.my/70554/2/70554_How%20director%20remuneration%20impacts%20firm_scopus.pdf; http://irep.iium.edu.my/70554/13/70554_How%20director%20remuneration%20impacts%20firm_wos.pdf; http://irep.iium.edu.my/70554/; https://reader.elsevier.com/reader/sd/pii/S2214845018301248?token=F4657892E75F10C896CF194BA7C2B9F82F5217DAA5386A18CCE4B42CE5BED39C9BC6956966FC8FAAE1BCACB0660043D2

This study empirically investigates the interrelationship between pay and performance of CEOs/board of directors in an emerging market, Pakistan. The study uses GMM approach to account for the problem of potential endogeneity and unobserved heterogeneity that arises due to the potential reverse caus...