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Australian CEO Compensation: The Descriptive Evidence

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  • ZOLTAN MATOLCSY
  • ANNA WRIGHT

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  • Zoltan Matolcsy & Anna Wright, 2007. "Australian CEO Compensation: The Descriptive Evidence," Australian Accounting Review, CPA Australia, vol. 17(43), pages 47-59, November.
    • Handle: RePEc:bla:ausact:v:17:y:2007:i:43:p:47-59
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    File URL: http://hdl.handle.net/10.1111/j.1835-2561.2007.tb00335.x
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    References listed on IDEAS

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    1. Rachel Merhebi & Kerry Pattenden & Peter L. Swan & Xianming Zhou, 2006. "Australian chief executive officer remuneration: pay and performance," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 46(3), pages 481-497, September.
    2. Zoltan P. Matolcsy, 2000. "Executive Cash Compensation and Corporate Performance During Different Economic Cycles," Contemporary Accounting Research, John Wiley & Sons, vol. 17(4), pages 671-692, December.
    3. Core, John E. & Holthausen, Robert W. & Larcker, David F., 1999. "Corporate governance, chief executive officer compensation, and firm performance," Journal of Financial Economics, Elsevier, vol. 51(3), pages 371-406, March.
    4. Michael C. Jensen & Kevin J. Murphy, 2010. "CEO Incentives—It's Not How Much You Pay, But How," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 64-76, January.
    5. Jeff Coulton & Stephen Taylor, 2002. "Option Awards for Australian CEOs: The Who, What and Why," Australian Accounting Review, CPA Australia, vol. 12(26), pages 25-35, March.
    6. Brian J. Hall & Jeffrey B. Liebman, 1998. "Are CEOs Really Paid Like Bureaucrats?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(3), pages 653-691.
    7. Core, John & Guay, Wayne, 1999. "The use of equity grants to manage optimal equity incentive levels," Journal of Accounting and Economics, Elsevier, vol. 28(2), pages 151-184, December.
    8. Jeff Coulton & Stephen Taylor, 2002. "Accounting for Executive Stock Options: A Case Study in Avoiding Tough Decisions," Australian Accounting Review, CPA Australia, vol. 12(26), pages 3-10, March.
    9. H.Y. Izan & Baljit Sidhu & Stephen Taylor, 1998. "Does CEO Pay Reflect Performance? Some Australian Evidence," Corporate Governance: An International Review, Wiley Blackwell, vol. 6(1), pages 39-47, January.
    10. Bushman, Robert M. & Smith, Abbie J., 2001. "Financial accounting information and corporate governance," Journal of Accounting and Economics, Elsevier, vol. 32(1-3), pages 237-333, December.
    11. Chalmers, Keryn & Koh, Ping-Sheng & Stapledon, Geof, 2006. "The determinants of CEO compensation: Rent extraction or labour demand?," The British Accounting Review, Elsevier, vol. 38(3), pages 259-275.
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    Cited by:

    1. Kerrie Woodhouse & Paul Mather & Dinithi Ranasinghe & Tom Smith, 2017. "Externally reported performance measures and benchmarks in Australia," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 57(3), pages 879-905, September.
    2. Hoa Luong & Abeyratna Gunasekarage & Syed Shams, 2021. "CEO pay slice and acquisitions in Australia: the role of tournament incentives," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 18(5), pages 833-868, September.
    3. Ding, Chao & Ho, Choy Yeing & Chang, Millicent, 2021. "CEO and CFO equity compensation and dividend payout over the firm lifecycle," Global Finance Journal, Elsevier, vol. 49(C).
    4. Cheng Lai & Meiting Lu & Yaowen Shan, 2013. "Has Australian financial reporting become more conservative over time?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 53(3), pages 731-761, September.
    5. Zoltan Matolcsy & Jonathan Tyler & Peter Wells, 2012. "Is continuous disclosure associated with board independence?," Australian Journal of Management, Australian School of Business, vol. 37(1), pages 99-124, April.
    6. Ren, Siewan & Wright, Anna & Wyatt, Anne, 2012. "Stock option use by Australian IPOs," Journal of Contemporary Accounting and Economics, Elsevier, vol. 8(1), pages 1-22.
    7. James Borthwick & Aelee Jun & Shiguang Ma, 2020. "Changing board behaviour: The role of the ‘Two Strikes’ rule in improving the efficacy of Australian Say‐on‐Pay," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(S1), pages 827-876, April.
    8. Matolcsy, Zoltan & Riddell, Suzanna & Wright, Anna, 2009. "Alternative explanations for the association between market values and stock-based compensation expenditure," Journal of Contemporary Accounting and Economics, Elsevier, vol. 5(2), pages 95-107.
    9. Xin Qu & Majella Percy & Jenny Stewart & Fang Hu, 2018. "Executive stock option vesting conditions, corporate governance and CEO attributes: evidence from Australia," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 58(2), pages 503-533, June.
    10. Yarram, Subba Reddy & Rice, John, 2017. "Executive compensation among Australian mining and non-mining firms: Risk taking, long and short-term incentives," Economic Modelling, Elsevier, vol. 64(C), pages 211-220.
    11. Andrew Ferguson & Matthew Grosse & Stephen Kean & Tom Scott, 2011. "Your Governance or Mine?," Australian Accounting Review, CPA Australia, vol. 21(4), pages 406-417, December.
    12. Yaowen Shan & Terry Walter, 2016. "Towards a Set of Design Principles for Executive Compensation Contracts," Abacus, Accounting Foundation, University of Sydney, vol. 52(4), pages 619-684, December.
    13. Atif, Muhammad & Huang, Allen & Liu, Benjamin, 2020. "The effect of say on pay on CEO compensation and spill-over effect on corporate cash holdings: Evidence from Australia," Pacific-Basin Finance Journal, Elsevier, vol. 64(C).
    14. Brown, Paul J & Matolcsy, Zoltan & Wells, Peter, 2014. "Group versus individual compensation schemes for senior executives and firm performance: Some evidence based on archival data," Journal of Contemporary Accounting and Economics, Elsevier, vol. 10(2), pages 100-114.
    15. Pattarin Adithipyangkul & Tak Yan Leung, 2016. "Large Shareholders and Independent Director Equity Compensation," Australian Accounting Review, CPA Australia, vol. 26(2), pages 208-221, June.
    16. Mariela Carvajal & David H. Lont & Tom Scott, 2022. "Non‐GAAP Earnings Disclosure Trends in New Zealand," Australian Accounting Review, CPA Australia, vol. 32(1), pages 19-35, March.
    17. Michaela Rankin, 2010. "Structure and Level of Remuneration Across the Top Executive Team," Australian Accounting Review, CPA Australia, vol. 20(3), pages 241-255, September.
    18. Matolcsy, Zoltan & Shan, Yaowen & Seethamraju, Vinay, 2012. "The timing of changes in CEO compensation from cash bonus to equity-based compensation: Determinants and performance consequences," Journal of Contemporary Accounting and Economics, Elsevier, vol. 8(2), pages 78-91.

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