CEO 보상의 결정요인에 관한 연구

• 영문명: Determinants of CEO Compensation in Korea: A Corporate Governance Perspective
• 발행기관: 한국무역연구원
• 저자명: 백 강(Kang Baek) 강윤식(Yun-Sik Kang) 오동석(Dong-Seok Oh) 임새훈(Sae-Hun Lim)
• 간행물 정보: 『무역연구』제14권 제5호, 525~542쪽, 전체 18쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2018.10.31

영문 초록

CEO compensation is a representative corporate governance system that regulates the management of entrepreneurs’ interests and entrenchment, which is important to be designed in tandem with corporate performance. Recently, in Korea, we disclose personal compensation information of top management to strengthen transparency and social responsibility of company management. However, even though the individual compensation of listed company executives has been announced for the last three years, related data are not systematically collected and related research results are not reported. This study is significant in that it attempted to understand executive compensation practices of listed companies in Korea by conducting empirical analysis for the first time in Korea where research on CEO compensation is limited due to lack of data. As a result of analysis, it was confirmed that the owner family CEO has a higher share of fixed salary than professional managers. Moreover, the proportion of bonus items linked to company performance is significantly lower. These results were stronger in the CEOs who did not sign in the annual business report and the large group sample. In addition, it was confirmed that the proportion of bonus items was significantly higher than the case where no compensation committee was installed.

목차

Ⅰ. 서론

Ⅱ. 선행연구

Ⅲ. 연구내용 및 분석방법

Ⅳ. 실증 분석 결과

Ⅴ. 결론 및 시사점

키워드

CEO Compensation Corporate Governance Corporate Performance