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Firm performance and CEO pay: Evidence from Indian manufacturing

Saibal Ghosh

MPRA Paper from University Library of Munich, Germany

Abstract: CEO compensation considerations have gained prominence in recent times, especially in the wake of the subprime turmoil. Using cross-section data on Indian manufacturing firms for 2007, the paper explores the association between executive compensation and firm performance and concludes that pay for performance sensitivity estimates are significant although small in magnitude.

Keywords: CEO compensation; profits; manufacturing; India (search for similar items in EconPapers)
JEL-codes: G30 L25 (search for similar items in EconPapers)
Date: 2010-09
New Economics Papers: this item is included in nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Published in Journal of Entrepreneurship 2.19(2010): pp. 137-147

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