- Tytuł:
- Governance of director and executive remuneration in leading firms of Australia
- Autorzy:
-
Riaz, Zahid
Kirkbride, James - Powiązania:
- https://bibliotekanauki.pl/articles/943135.pdf
- Data publikacji:
- 2017-12-20
- Wydawca:
- Uniwersytet Ekonomiczny w Poznaniu
- Tematy:
-
Corporate governance; globalization; agency theory; institutional theory;
disclosure level of director and executive remuneration - Opis:
- The aim of the paper is to examine how the introduction of state regulation and self-regulation impacts on the disclosure of director and executive remuneration in Australia. In doing so, we step beyond the simple state-market dichotomy in the extant literature, and proposes a symbiotic association between both regulatory modes for remuneration governance. The study reveals that remuneration disclosure levels are significantly higher after the advent of both self-regulatory and state regulatory reforms rather than state regulation alone. Furthermore, foreign-MNCs which experience increased agency problems due to spatial complexities and increased liabilities of foreignness do not have a superior disclosure level of director and executive remuneration: findings with important messages for policy makers and for regulators.
- Źródło:
-
Economics and Business Review; 2017, 3(17), 4; 66-86
2392-1641 - Pojawia się w:
- Economics and Business Review
- Dostawca treści:
- Biblioteka Nauki
Artykuł