A collection of empirical articles on executive compensation (Updated October 23, 2023)

The editorial team of the Corporate Ownership and Control journal has updated the collection of empirical articles devoted to the topic of executive compensation.

The following collection has been prepared in order to help our readers and scholars pursuing research in this field find more information within topic of executive compensation.

  1. Carvalhal, A., Cochrane, P. (2011). Transparency in executive compensation and corporate governance in Brazil. Corporate Ownership & Control, 8(3-3), 396-405. https://doi.org/10.22495/cocv8i3c3p4
  2. Houqe, M. N. (2011). Executive compensation and corporate performance: evidence from an emerging market. Corporate Ownership & Control, 8(3-5), 505-510. https://doi.org/10.22495/cocv8i3c5p1
  3. Artiaco, M. (2011). Remuneration, risk and performance in Italian companies: An empirical analysis on systems of remuneration in the board of Italian listed companies. Corporate Ownership & Control, 9(1-2), 294-304. https://doi.org/10.22495/cocv9i1c2art4
  4. Li, Q., & Reis, E. (2012). Managerial compensation and firm performance: Evidence from corporate spinoffs. Corporate Ownership & Control, 9(3), 69-78. https://doi.org/10.22495/cocv9i3art6
  5. Carvalhal, A., Sampaio, M., & Ferreira, V. (2012). Corporate governance and executive remuneration in Brazil. Corporate Ownership & Control, 9(4), 9-18. https://doi.org/10.22495/cocv9i4art1
  6. Nulla, Y. M. (2012). The importance of firm ownership on CEO compensation system: An empirical study of New York Stock Exchange (NYSE) companies. Corporate Ownership & Control, 9(4-1), 131-144. https://doi.org/10.22495/cocv9i4c1art1
  7. Ngwenya, S., & Khumalo, M. (2012). CEO compensation and performance of state owned enterprises in South Africa. Corporate Ownership & Control, 10(1), 97-109. https://doi.org/10.22495/cocv10i1art9
  8. Berthelot, S., Bilodeau, J., & Davignon, K. (2013). The impact of directors’ tenure on executive compensation and corporate financial performance. Corporate Ownership & Control, 10(2-1), 164-172. https://doi.org/10.22495/cocv10i2c1art2
  9. Hsieh, T. S., & Chen, Y. J. (2013). Family business, director compensation and board efficacy: The case of Taiwan. Corporate Ownership & Control, 11(1), 81 -91. https://doi.org/10.22495/cocv11i1art7
  10. Ning, Y. (2013). What can the departing chief executive compensation structure tell us? Corporate Ownership & Control, 11(1-3), 307-315. https://doi.org/10.22495/cocv11i1c3art1
  11. Dibra, R. (2013). The view on corporate governance in transition economies: Executive compensation in Croatia. Corporate governance in Macedonia and Romania. Corporate Ownership & Control, 11(1-9), 806-817. https://doi.org/10.22495/cocv11i1c9art5
  12. Ohnuma, H. (2014). Does executive compensation reflect equity risk incentives and corporate tax avoidance? A Japanese perspective. Corporate Ownership & Control, 11(2), 60-71. https://doi.org/10.22495/cocv11i2p5
  13. Dewally, M., Flaherty, S., & Singer, D. (2014). Executive compensation, organizational culture and the glass ceiling. Corporate Ownership & Control, 11(2-1), 239-247. https://doi.org/10.22495/cocv11i2c1p7
  14. Du, C. (2014). Executive compensation, bankruptcy risk, and managerial risk taking. Corporate Ownership & Control, 11(2-6), 552-577. https://doi.org/10.22495/cocv11i2c6p3
  15. Velte, P., & Eulerich, M. (2014). Determinants of executive board remuneration new insights from Germany. Corporate Ownership & Control, 11(4), 96-113. https://doi.org/10.22495/cocv11i4p7
  16. Oberholzer, M. (2014). The relationship between company size and CEO remuneration: A scaling perspective. Corporate Ownership & Control, 11(4-4, 412-423. https://doi.org/10.22495/cocv11i4c4p4
  17. Shim, E. D., & Lee, J. (2014). An empirical examination of the determinant of the US financial CEOs’ compensation for the post-financial crisis period. Corporate Ownership & Control, 12(1-2), 251-258. https://doi.org/10.22495/cocv12i1c2p3
  18. Benzing, J., & Börner, C. J. (2015). The link between CEO incentive structures, managerial power, and firm risk in the financial services industry: A comprehensive analysis of US banking and insurance firms. Corporate Ownership & Control, 12(3-3), 371-387. https://doi.org/10.22495/cocv12i3c3p8
  19. Nulla, Y. M. (2015). Pay for performance: An empirical review. Corporate Ownership & Control, 12(4), 69-79. https://doi.org/10.22495/cocv12i4p5
  20. Barros, P., & Carvalhal, A. (2015). Do firms controlled by private equity pay higher executive compensation? Corporate Ownership & Control, 12(4-3), 364-370. https://doi.org/10.22495/cocv12i4c3p4
  21. Nulla, Y. M. (2015). The role of corporate governance in executive compensation system. Corporate Ownership & Control, 12(4-4), 467-479. https://doi.org/10.22495/cocv12i4c4p5
  22. Khumalo, M., Masenge, A. (2015). Examining the relationship between CEO remuneration and performance of major commercial banks in South Africa. Corporate Ownership & Control, 13(1), 115-124. https://doi.org/10.22495/cocv13i1p11
  23. Ndayisaba, G., Ahmed, A.D. (2015). CEO remuneration, board composition and firm performance: empirical evidence from Australian listed companies. Corporate Ownership & Control, 13(1-5), 534-552. https://doi.org/10.22495/cocv13i1c5p2
  24. Papenfuβ, U., Schmidt, C. (2016). Pay-performance relationship in German state-owned enterprises: Evidence and reflection for organizational success research with undistorted and “right” data [Conference issue]. Corporate Ownership & Control, 13(2), 336-350. https://doi.org/10.22495/cocv13i2cLp3
  25. Ngwenya, C. (2016). CEO compensation, corporate governance, and performance of listed platinum mines in South Africa [Conference issue]. Corporate Ownership & Control, 13(2), 408-416. https://doi.org/10.22495/cocv13i2cLp8
  26. De Falco, S. E., Cucari, N., & Sorrentino, E. (2016). Voting dissent and corporate governance structures: The role of say on pay in a comparative analysis. Corporate Ownership & Control, 13(4-1), 188-197. https://doi.org/10.22495/cocv13i4c1p12
  27. Boyle, G., Rademaker, S. (2016). Are bureaucrats really paid like bureaucrats? Corporate Ownership & Control, 13(2-2), 478-486. https://doi.org/10.22495/cocv13i2c2p10
  28. Pham, H. Y., Chung, R., Roca, E., & Bao, B.-H. (2016). CEO incentive compensation and stock returns: Evidence from Australia. Corporate Ownership & Control, 13(4), 24-37. https://doi.org/10.22495/cocv13i4p3
  29. Razak, N., & Palahuddin, S. (2017). Director Remuneration, family ownership and firm performance: an analysis from Malaysian listed firm for period of 2005 till 2013. Corporate Ownership & Control, 14(2), 98-113. https://doi.org/10.22495/cocv14i2art10
  30. Wu, W. T. (2017). Choice of performance measures in performance-vested equity compensation and future performance. Corporate Ownership & Control, 15(1-1), 174-192. https://doi.org/10.22495/cocv15i1c1p2
  31. Beavers, R. (2017). CEO long-term incentive pay in mergers and acquisitions. Corporate Ownership & Control, 15(1-1), 265-276. https://doi.org/10.22495/cocv15i1c1p10
  32. Alhadab M. M. (2018). The impact of executive compensation and audit quality on accrual-based and real-based earnings management: Evidence from Jordan. Corporate Ownership & Control, 15(2-1), 209-219. https://doi.org/10.22495/cocv15i2c1p7
  33. Khan, B., Nijhof, A., Diepeveen, R. A., & Melis, D. A. M. (2018). Does good corporate governance lead to better firm performance? Strategic lessons from a structured literature review. Corporate Ownership & Control, 15(4), 73-85. https://doi.org/10.22495/cocv15i4art7
  34. Behrmann, M., Ceschinski, W., & Scholand, M. (2018). Impact of ownership and pay structure on voluntary remuneration reporting: Evidence from Germany. Corporate Ownership & Control, 16(1), 19-32. https://doi.org/10.22495/cocv16i1art3
  35. Dell’Atti, S., Sylos Labini, S., & di Biase, P. (2018). The effects of Solvency II on corporate boards: A survey on Italian insurance companies. Corporate Ownership & Control, 16(1-1), 134-144. https://doi.org/10.22495/cocv16i1c1art3
  36. Bozzi, S., Belcredi, M. (2019). Remuneration of independent directors: Determinants and policy implications [Special issue]. Corporate Ownership & Control, 17(1), 278-291. https://doi.org/10.22495/cocv17i1siart10
  37. Eulerich, M., Mazza, T., Behrend, J., & Krane, R. (2019). Compensation of internal auditors: Empirical evidence for different impact factors [Special issue]. Corporate Ownership & Control, 17(1), 336-349. https://doi.org/10.22495/cocv17i1siart14
  38. Shabeeb Ali, M. A., & Ismael, H. R., & Ahmed, A. H. (2020). Equity incentives, earnings management and corporate governance: Empirical evidence using UK panel data. Corporate Ownership & Control, 17(2), 104-123. https://doi.org/10.22495/cocv17i2art10
  39. Backhouse, K., & Wickham, M. (2020). Corporate governance, boards of directors and corporate social responsibility: The Australian context. Corporate Ownership & Control, 17(4), 60-71. https://doi.org/10.22495/cocv17i4art5
  40. Mateus, C., Mateus, I., & Stojanovic, A. (2020). Diversity on British boards and personal traits that impact career progression from AIM towards FTSE 100. Corporate Ownership & Control, 17(4), 183-199. https://doi.org/10.22495/cocv17i4art15
  41. Rahman, M. J., & Marjerison, R. K. (2020). Sustaining competitive advantage through good governance and fiscal controls: Risk determinants in internal controls. Corporate Ownership & Control, 18(1), 34-46. https://doi.org/10.22495/cocv18i1art3
  42. Soni, T. K., & Singh, A. (2020). Directors’ remuneration, corporate governance and firm performance linkages: Evidence from the emerging country [Special issue]. Corporate Ownership & Control, 18(1), 382-392. https://doi.org/10.22495/cocv18i1siart12
  43. Ulrich, P., & Rieg, R. (2021). The impact of family influence and supervisory boards on the basis of executive compensation: Evidence from Germany. Corporate Ownership & Control, 18(4), 21–29. https://doi.org/10.22495/cocv18i4art2
  44. Kwon, S. S., Gélinas, P., & Waweru, N. (2022). Earnings management and asymmetric sensitivity of bonus compensation to earnings for high-growth firms. Corporate Ownership & Control, 19(3), 25–41. https://doi.org/10.22495/cocv19i3art2
  45. Aaen, T., & Lueg, R. (2022). Performance pay sensitivity: Do top management incentives align with shareholder value creation? Corporate Ownership & Control, 19(3), 168–181. https://doi.org/10.22495/cocv19i3art13
  46. Banyi, M., & Bull Schaefer, R. A. (2022). A commitment to change? CEO pay and alignment with environmental, social, and governance objectives. Corporate Ownership & Control, 19(4), 42–54. https://doi.org/10.22495/cocv19i4art4
  47. Hundal, S., Eskola, A., & Troudi, M. (2022). Do board of directors’ characteristics and executive remuneration impact financial reporting quality? A quantitative analysis of the Nordic manufacturing sector. Corporate Ownership & Control, 20(1), 59–67. https://doi.org/10.22495/cocv20i1art5
  48. Bao, J., & Xue, C. (2023). CEO duality, CEO compensation, and earnings management: Evidence from China [Special issue]. Corporate Ownership & Control, 20(3), 317–327. https://doi.org/10.22495/cocv20i3siart7