Abstract
Cross-sectional analysis of the remuneration paid by a sample of 1,144 listed Australian companies in 2006 to their CEOs highlights the variation in the level and composition of remuneration both within and across industries. Average annual CEO remuneration for 2006 is $730,000 with 79% short-term, 14% long-term and 7% post-employment remuneration. These components of remuneration structure, company size and corporate governance measures provide insight into the variation in CEO remuneration. There is no evidence of a positive relation between current year CEO remuneration and following year performance.
| Original language | English |
|---|---|
| Pages (from-to) | 109-127 |
| Journal | ECONOMIC PAPERS OF THE ECONOMIC SOCIETY OF AUSTRALIA |
| Volume | 29 |
| Issue number | 2 |
| Publication status | Published - Jun 2010 |
| Externally published | Yes |