Long run trends in Australian executive remuneration: BHP 1887-2012

Mike Pottenger and Andrew Leigh

No 17, CEH Discussion Papers from Centre for Economic History, Research School of Economics, Australian National University

Abstract: Outside the US, little is known of long-run trends in executive compensation. We fill this gap by studying BHP, a resources giant that has long been one of the largest companies on the Australian stock market. From 1887 to 2013, trends in CEO and director remuneration (relative to average earnings) follow a U-shape. This matches the pattern for US executive compensation, Australian top incomes, and (for the past two decades) average trends in executive compensation in top Australian firms. Like the US, Australia experienced a post-war 'great compression' prior to the recent 'great divergence'.

Date: 2013-07
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://cbe.anu.edu.au/researchpapers/CEH/WP201307.pdf

Related works:
Journal Article: Long-Run Trends in Australian Executive Remuneration: BHP, 1887–2012 (2016)
Working Paper: Long Run Trends in Australian Executive Remuneration: BHP 1887-2012 (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:auu:hpaper:017

Access Statistics for this paper

More papers in CEH Discussion Papers from Centre for Economic History, Research School of Economics, Australian National University Contact information at EDIRC.
Bibliographic data for series maintained by ().