The Impact of Economic Value Added as Firms Performance Measure on Cheif Executive Officer Compensation
Subject Areas :احمد احمد پور 1 * , امیر رسائیان 2
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Abstract :
Firms' performance measurement is important criteria to allocate compensation to board of directors. The main goal of this paper is to review the relationship between CEO compensation and EVA as a measure of performance measurement in Tehran Stock Exchange. Therefore firms CEO compensations data for a 16 years period(1374-1389) were ed and entered the models as dependent variable. The simple regression model is used to examine the hypotheses. Signification of the models is examined by t and F statistics. The conclusions indicate that there isn't any significant relationship between CEO compensation and EVA.