Corporate Performance and Directors Remuneration: An Empirical Study in Malaysia
Abstract:
The relationship between directors compensation and the corporate performance of the public listed companies in Malaysia has been studied with the help of secondary data available in the reports of Kuala Lumpur Stock Exchange. The regression analysis indicates that, out of the three explanatory variables, the assets and turnover of companies were consistent with expectations but the shareholders funds differed from expectation. The regression analysis indicates that the changes in shareholders fund and turnover significantly differ in their influence on directors compensation of companies with focused business and diversified business group of companies.
How to cite this article
Solucis Santhapparaj and Lin Yong Tong, 2004. Corporate Performance and Directors Remuneration: An Empirical Study in Malaysia. Journal of Applied Sciences, 4: 547-553.
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