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La rémunération des présidents non exécutifs dépend-elle de leur capital humain ?

Author

Listed:
  • Géraldine Broye

    (LARGE - Laboratoire de Recherche en Gestion et Economie - UNISTRA - Université de Strasbourg)

  • Yves Moulin

    (CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine)

Abstract

This study investigates the determinants of the compensation arrangements for outside board chairmen, and examines in particular how human capital characteristics affect chairmen salaries. Using a sample among the largest French companies over the period 2005-2011, we show that qualification, as signalled by the academic degree, enables an overrepresentation of prestigious school graduates in chairman positions without involving higher compensation. However, competence associated with experience – notably through the achievement of CEO position – influences their level of compensation.

Suggested Citation

  • Géraldine Broye & Yves Moulin, 2014. "La rémunération des présidents non exécutifs dépend-elle de leur capital humain ?," Post-Print hal-03750418, HAL.
  • Handle: RePEc:hal:journl:hal-03750418
    DOI: 10.7202/1028500ar
    as

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    Cited by:

    1. Adel Necib, 2023. "The Effects of Executives’ Agility Decision-Making in COVID-19 Pandemic Period on Companies’ Performance," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 13(2), pages 42-64.

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