Anastasia Fenyta Dewi
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Levels and Structure of CEO Remuneration: Some Australian Evidence Anastasia Fenyta Dewi; Albie Brooks
Jurnal Akuntansi dan Bisnis Vol 8, No 2 (2008)
Publisher : Accounting Study Program, Faculty Economics and Business, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jab.v8i2.78

Abstract

Motivated by an increasing public interest of corporate governance practices, this study seeks to provide empirical evidence relating to CEO remuneration in Australia. The objectives include: providing empirical evidence of its current levels and structure; documenting the performance hurdles used; and, providing evidence of stock options as components LTIPs. An archival-based research method is used, with analysis of CEO remuneration data. The key findings include: salary is the main component; performance-based remuneration accounted for a larger percentage of the total; LTIPs increasingly require hurdles; TSR is the predominant performance hurdle; and stock options are the main instrument of LTIPs.