EXECUTIVE COMPENSATION: NYSE AND NASDAQ LISTED FIRMS

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João Paulo Vieito ORCID logo, Walayet Khan ORCID logo, António Cerqueira ORCID logo, Elísio Brandão ORCID logo

https://doi.org/10.22495/cocv6i3sip3

Abstract

In this paper, we examine whether the determinants and forms of executive compensation for NYSE versus NASDAQ listed firms are the same during the period from 1992 to 2004. We also investigate whether the determinants and forms of executive compensation changed after the NASDAQ crash in 2000 and the Sarbanes-Oxley Act in 2002. Our results reveal that the factors that explain executive compensation for NYSE and NASDAQ listed firms are generally different. We also find that executives are paid different forms of compensation for NYSE and NASDAQ listed firms and that the forms of compensation change after the NASDAQ crash but essentially after the Sarbanes-Oxley act in 2002.

Keywords: Executive Compensation, Compensation Determinants, NYSE, NASDAQ

How to cite this paper: Vieito, J. P., Khan, W., Cerqueira, A., & Brandão, E. (2009). Executive compensation: NYSE and NASDAQ listed firms. [Special issue]. Corporate Ownership & Control, 6(3-5), 531-552. https://doi.org/10.22495/cocv6i3sip3