ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Top Management Remuneration and Firm Performance-An Exploratory Analysis

Firm Performance An Exploratory Analysis Debashish Bhattacherjee S Jairam G Ravi Shanker The advent of liberalisation has clearly changed pay conditions in the firms by making pay more sensitive to the performance of the firm, irrespective of its size. Changes in the level of sales and in the stock of all past flows of profits significantly influence the incentive pay rises. With every Rs 100 increase in either sales or shareholders' wealth, the pay of the CEO increases by 15 paise to 22 paise.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top