Keywords
Abstract
This research study was conducted to understand the relationship between CEO cash compensation and CEO power in NYSE index companies. The study period selected was from 2005 to 2010. The quantitative research method was used or this research study. The totaled of one hundred and twenty companies were selected for sampling.The research question for this study was: is there a relationship between CEO cash compensation and CEO power?. Overall, most of the statistical results found to have the relationship between them. The correlations between CEO salary, bonus, CEO age, CEO shares outstanding, CEO shares value, CEO tenure, CEO turnover, 5 percent management ownership, and 5 percent individual/institutional, were found to be ranged from weak negative to weak positive ratios. In addition, group firm-sized effect have a positive effect on salary in contrary, negative effect on bonuss.