Fang, "The effect of firm size, firm performance, and top executives' percentage of holding on their compensation in listed Taiwanese companies," 2001
Evangeline Fang, M.A.
This study aims at the data of Taiwan top executives' compensation to make statistic analysis by industry and by individual. Furthermore, it researches the influence of firm size, firm performance, and top executives' percentage of holding on their compensation. Data were collected on the total cash compensation paid including salaries, bonuses, and transportation allowances of listed companies in Taiwan.
The results show that regardless of position, whether they are presidents, general managers, or division mangers, their compensation and firm size have a positive relationship. There is no statistically significant relationship between presidents' compensation and firm performance. However, there is positive relationship between general managers' and division managers' compensation and firm performance. No significant relationship between presidents' and general managers' and division managers' compensation and percentage of holding was found.
Advisor: Vuong, Quang
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