메뉴 건너뛰기




Volumn 13, Issue 2, 2005, Pages 291-302

Ownership, corporate governance and top management pay in Hong Kong

Author keywords

Corporate governance; Executive compensation; Ownership

Indexed keywords


EID: 15544385187     PISSN: 09648410     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1467-8683.2005.00423.x     Document Type: Article
Times cited : (55)

References (52)
  • 4
    • 84989082201 scopus 로고
    • Board control and CEO compensation
    • Boyd, B. K. (1994) Board Control and CEO Compensation, Strategic Management Journal, 15, 335-344.
    • (1994) Strategic Management Journal , vol.15 , pp. 335-344
    • Boyd, B.K.1
  • 9
    • 21244441102 scopus 로고    scopus 로고
    • The prince and the pauper? CEO pay in the United States and United Kingdom
    • Conyon, M. J. and Murphy, K. J. (2000) The Prince and the Pauper? CEO Pay in the United States and United Kingdom, The Economic Journal, 110, 640-671.
    • (2000) The Economic Journal , vol.110 , pp. 640-671
    • Conyon, M.J.1    Murphy, K.J.2
  • 10
    • 0032220381 scopus 로고    scopus 로고
    • Board control, remuneration committees, and top management compensation
    • Conyon, M. J. and Peck, S. I. (1998) Board Control, Remuneration Committees, and Top Management Compensation, Academy of Management Journal, 41, 146-157.
    • (1998) Academy of Management Journal , vol.41 , pp. 146-157
    • Conyon, M.J.1    Peck, S.I.2
  • 11
    • 0347705460 scopus 로고    scopus 로고
    • Executive compensation: Evidence from the U.K. and Germany
    • Conyon, M. J. and Schwalbach, J. (2000) Executive Compensation: Evidence from the U.K. and Germany, Long Range Planning, 33, 504-526.
    • (2000) Long Range Planning , vol.33 , pp. 504-526
    • Conyon, M.J.1    Schwalbach, J.2
  • 12
    • 0001151011 scopus 로고
    • Taking care of business: Executive compensation in the UK
    • Conyon, M. J., Gregg, P. and Machin, S. (1995) Taking Care of Business: Executive Compensation in the UK, The Economic Journal, 105, 704-714.
    • (1995) The Economic Journal , vol.105 , pp. 704-714
    • Conyon, M.J.1    Gregg, P.2    Machin, S.3
  • 13
    • 0000546427 scopus 로고
    • The anatomy of corporate control: Directors, shareholders and executive remuneration in giant U.S. and U.K. corporations
    • Cosh, A. D. and Hughes, A. (1987) The Anatomy of Corporate Control: Directors, Shareholders and Executive Remuneration in Giant U.S. and U.K. Corporations, Cambridge Journal of Economics, 11, 285-313.
    • (1987) Cambridge Journal of Economics , vol.11 , pp. 285-313
    • Cosh, A.D.1    Hughes, A.2
  • 14
    • 22044444497 scopus 로고    scopus 로고
    • The effect of institutional investors on the level and mix of CEO compensation
    • David, P., Kochhar, R. and Levitas, E. (1998) The Effect of Institutional Investors on the Level and Mix of CEO Compensation, Academy of Management Journal, 41, 200-208.
    • (1998) Academy of Management Journal , vol.41 , pp. 200-208
    • David, P.1    Kochhar, R.2    Levitas, E.3
  • 15
    • 84935664352 scopus 로고
    • Determinants of chief executive officer compensation
    • Deckop, J. (1988) Determinants of Chief Executive Officer Compensation, Industrial and Labor Relations Review, 41, 215-226.
    • (1988) Industrial and Labor Relations Review , vol.41 , pp. 215-226
    • Deckop, J.1
  • 16
    • 15544380385 scopus 로고    scopus 로고
    • Board remuneration, company performance, and ownership concentration
    • Dogan, E. and Smyth, R. (2002) Board Remuneration, Company Performance, and Ownership Concentration, ASEAN Economic Bulletin, 19, 319-347.
    • (2002) ASEAN Economic Bulletin , vol.19 , pp. 319-347
    • Dogan, E.1    Smyth, R.2
  • 17
    • 0032220386 scopus 로고    scopus 로고
    • Market comparison earnings and the bidding-up of executive cash compensation: Evidence from the United Kingdom
    • Ezzamel, M. and Watson, R. (1998) Market Comparison Earnings and the Bidding-up of Executive Cash Compensation: Evidence from the United Kingdom, Academy of Management Journal, 41, 221-231.
    • (1998) Academy of Management Journal , vol.41 , pp. 221-231
    • Ezzamel, M.1    Watson, R.2
  • 18
    • 0036522342 scopus 로고    scopus 로고
    • Pay comparability across and within UK boards: An empirical analysis of the pay cash awards to CEOs and other board members
    • Ezzamel, M. and Watson, R. (2002) Pay Comparability Across and Within UK Boards: An Empirical Analysis of the Pay Cash Awards to CEOs and Other Board Members, Journal of Management Studies, 39, 207-232.
    • (2002) Journal of Management Studies , vol.39 , pp. 207-232
    • Ezzamel, M.1    Watson, R.2
  • 22
    • 0344162534 scopus 로고    scopus 로고
    • The remuneration of CEOs and corporate financial performance in Norway
    • Firth, M., Lohne, J. C., Ropstad, R. and Sjo, J. (1996) The Remuneration of CEOs and Corporate Financial Performance in Norway, Managerial and Decision Economics, 17, 291-301.
    • (1996) Managerial and Decision Economics , vol.17 , pp. 291-301
    • Firth, M.1    Lohne, J.C.2    Ropstad, R.3    Sjo, J.4
  • 24
    • 84984206131 scopus 로고
    • The disappearing relationship between directors' pay and corporate performance
    • Gregg, P., Machin, S. and Szymanski, S. (1993) The Disappearing Relationship Between Directors' Pay and Corporate Performance, British Journal of Industrial Relations, 31, 1-9.
    • (1993) British Journal of Industrial Relations , vol.31 , pp. 1-9
    • Gregg, P.1    Machin, S.2    Szymanski, S.3
  • 26
    • 0344153909 scopus 로고    scopus 로고
    • Institutional investors and executive compensation
    • Hartzell, J. C. and Starks, L. A. (2003) Institutional Investors and Executive Compensation, Journal of Finance, 58, 2351-2374.
    • (2003) Journal of Finance , vol.58 , pp. 2351-2374
    • Hartzell, J.C.1    Starks, L.A.2
  • 27
    • 0035529302 scopus 로고    scopus 로고
    • Top management team coordination needs and the CEO pay gap: A competitive test of economic and behavioral views
    • Henderson, A. D. and Fredrickson, J. W. (2001) Top Management Team Coordination Needs and the CEO Pay Gap: A Competitive Test of Economic and Behavioral Views, Academy of Management Journal, 44, 96-117.
    • (2001) Academy of Management Journal , vol.44 , pp. 96-117
    • Henderson, A.D.1    Fredrickson, J.W.2
  • 28
    • 0000712212 scopus 로고    scopus 로고
    • Understanding the determinants of managerial ownership and the link between ownership and performance
    • Himmelberg, C. P., Hubbard, R. G. and Palia, D. (1999) Understanding the Determinants of Managerial Ownership and the Link Between Ownership and Performance, Journal of Financial Economics, 53, 353-384.
    • (1999) Journal of Financial Economics , vol.53 , pp. 353-384
    • Himmelberg, C.P.1    Hubbard, R.G.2    Palia, D.3
  • 32
    • 84936016411 scopus 로고
    • Performance pay and top-management incentives
    • Jensen, M. C. and Murphy, K. J. (1990) Performance Pay and Top-management Incentives, Journal of Political Economy, 98, 225-264.
    • (1990) Journal of Political Economy , vol.98 , pp. 225-264
    • Jensen, M.C.1    Murphy, K.J.2
  • 33
    • 84993908989 scopus 로고
    • Top-management compensation and capital structure
    • John, T. A. and John, K. (1993) Top-management Compensation and Capital Structure, Journal of Finance, 93, 949-974.
    • (1993) Journal of Finance , vol.93 , pp. 949-974
    • John, T.A.1    John, K.2
  • 34
    • 0031531159 scopus 로고    scopus 로고
    • Chief executive compensation and corporate groups in Japan: New evidence from micro data
    • Kato, T. (1997) Chief Executive Compensation and Corporate Groups in Japan: New Evidence from Micro Data, International Journal of Industrial Organization, 15, 455-467.
    • (1997) International Journal of Industrial Organization , vol.15 , pp. 455-467
    • Kato, T.1
  • 38
    • 0001125429 scopus 로고    scopus 로고
    • Total board remuneration and company performance
    • Main, B. G. M., Bruce, A. and Buck, T. (1996) Total Board Remuneration and Company Performance, The Economic Journal, 106, 1627-1644.
    • (1996) The Economic Journal , vol.106 , pp. 1627-1644
    • Main, B.G.M.1    Bruce, A.2    Buck, T.3
  • 40
    • 0030495852 scopus 로고    scopus 로고
    • An explanation of top executive pay: A U.K. study
    • McKnight, P. J. (1996) An Explanation of Top Executive Pay: A U.K. Study, British Journal of Industrial Relations, 34, 557-566.
    • (1996) British Journal of Industrial Relations , vol.34 , pp. 557-566
    • McKnight, P.J.1
  • 42
  • 44
    • 0041412312 scopus 로고
    • Corporate performance and managerial remuneration: An empirical analysis
    • Murphy, K. J. (1985) Corporate Performance and Managerial Remuneration: An Empirical Analysis, Journal of Accounting and Economics, 7, 11-42.
    • (1985) Journal of Accounting and Economics , vol.7 , pp. 11-42
    • Murphy, K.J.1
  • 47
    • 0001816476 scopus 로고
    • Contracts and the market for executives
    • L. Werin and H. Wijkander (eds). Oxford: Blackwell
    • Rosen, S. (1992) Contracts and the Market for Executives. In L. Werin and H. Wijkander (eds) Contractual Economics. Oxford: Blackwell, pp. 181-211.
    • (1992) Contractual Economics , pp. 181-211
    • Rosen, S.1
  • 48
    • 15544390010 scopus 로고    scopus 로고
    • South China Morning Post Business Section, 4 January
    • SCMP (2002) Bonanza Defies Losses. South China Morning Post Business Section, 4 January: 1.
    • (2002) Bonanza Defies Losses , pp. 1
  • 49
    • 84936823587 scopus 로고
    • Large share-holders and corporate control
    • Shleifer, A. and Vishny, R. (1986) Large Share-holders and Corporate Control, Journal of Political Economy, 94, 461-488.
    • (1986) Journal of Political Economy , vol.94 , pp. 461-488
    • Shleifer, A.1    Vishny, R.2
  • 51
    • 0041707112 scopus 로고    scopus 로고
    • Executive compensation and managerial incentives: A comparison between Canada and the United States
    • Zhou, X. (1999) Executive Compensation and Managerial Incentives: A Comparison Between Canada and the United States, Journal of Corporate Finance, 5, 277-301.
    • (1999) Journal of Corporate Finance , vol.5 , pp. 277-301
    • Zhou, X.1
  • 52
    • 0003300715 scopus 로고    scopus 로고
    • Understanding the determinants of managerial ownership and the link between ownership and performance: Comment
    • Zhou, X. (2001) Understanding the Determinants of Managerial Ownership and the Link Between Ownership and Performance: Comment, Journal of Financial Economics, 62, 559-571.
    • (2001) Journal of Financial Economics , vol.62 , pp. 559-571
    • Zhou, X.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.