Study level
- Master of Philosophy
Faculty/School
Faculty of Business and Law
Topic status
We're looking for students to study this topic.
Supervisors
- Position
- Senior Lecturer
- Division / Faculty
- Faculty of Business & Law
- Position
- Adjunct Associate Professor
- Division / Faculty
- Faculty of Business & Law
Overview
It is common that companies routinely retain compensation consultants to provide guidance in setting executive pay packages. Most importantly, they offer recommendations about formulating appropriate compensation contracts for top management. Research shows that the size and structure of CEO compensation packages significantly affect firm performance (known as pay-for-performance) and, in particular, excessive CEO compensation is associated with the destruction of shareholder wealth. It is, therefore, interesting to investigate whether the use of compensation consultants actually benefits shareholders (e.g. improve firm performance and firm value) or is simply an extension of management's power in an effort to garner excessive pay.
If you are interested in researching this topic as part of a Master of Philosophy (Accountancy), and you are applying to commence your degree in Semester 1, 2020 you may be eligible for a School of Accountancy Accelerate Scholarship.
Contact
Contact the supervisor for more information.