2024-03-29T12:32:31Zhttps://repositori.uji.es/oai/requestoai:repositori.uji.es:10234/1145262019-11-18T20:27:52Zcom_10234_71324com_10234_158176col_10234_97664
00925njm 22002777a 4500
dc
Gomareli, Lia
author
2015-01-28
The aim of this paper is to analyze whether independent and institutional directors on
board as well as chief executive officer (CEO)’ compensation of Spanish listed firms
affect firm performance. We hypothesise that firm value is positively affected by
independent and institutional directors on board and by CEO’s remuneration. Firm
value has been measured by means of the Tobins_Q. The results, based on a sample
of 96 firms listed on the Madrid Stock Exchange in 2013, show that independent and
institutional directors on board impact positively on firm value, while CEO’s
compensation does not have effect on it.
http://hdl.handle.net/10234/114526
Grau en Finances i Comptabilitat
Grado en Finanzas y Contabilidad
Bachelor's Degree in Finance and Accounting
How outside directors on board and Chief Executive Officer’ compensation impact on firm performance