An empirical investigation of the determinants of outside director compensation

Authors
Cordeiro, J Veliyath, R Eramus, EJ
Citation
J. Cordeiro et al., An empirical investigation of the determinants of outside director compensation, CORP GOV, 8(3), 2000, pp. 268-279
Citations number
36
Categorie Soggetti
Management
Journal title
CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW
ISSN journal
09648410 → ACNP
Volume
8
Issue
3
Year of publication
2000
Pages
268 - 279
Database
ISI
SICI code
0964-8410(200007)8:3<268:AEIOTD>2.0.ZU;2-C
Abstract
Using data on 200 large U.S. corporations in 1996, this study develops and tests a model in which the Compensation of Outside Directors is significant ly related to Director Effort, External Monitoring, Internal Referents and Firm Performance, after controlling for Firm Size and Inside Ownership. The re is some support for each set of hypotheses relating to the different ind ependent variables in the model.