INDEPENDENT DIRECTORS'' REMUNERATION IN VARIOUS CORPORATE GOVERNANCE SYSTEMS: EMPIRICAL EVIDENCE FROM BANKS

This paper represents the study of directors' remuneration of banks in various corporate governance systems. One of the main outcomes is that banks still have the practice of «pay for presence» but only in some cases banks try to implement «pay for performance practice» which is comparable to previous researches. It was also found that independent directors' remuneration practice in banks varies from the governance system which is used.

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Year of publication:	2012
Authors:	KOSTYUK OLEXANDR M. ; A, GOVORUN DMYTRII ; SARKIZOVA OLGA A. ; MANZHULA IVAN P. ; SHABLII ARTYOM V.
Published in:	Бизнес Информ. - CyberLeninka. - 2012, 3, p. 191-195
Publisher:	CyberLeninka Научно-исследовательский центр индустриальных проблем развития НАН Украины
Subject:	СИСТЕМИ КОРПОРАТИВНОГО УПРАВЛіННЯ \| НЕЗАЛЕЖНі ДИРЕКТОРИ \| ВИНАГОРОДА \| СИСТЕМЫ КОРПОРАТИВНОГО УПРАВЛЕНИЯ \| НЕЗАВИСИМЫЕ ДИРЕКТОРА \| ВОЗНАГРАЖДЕНИЕ \| CORPORATE GOVERNANCE \| INDEPENDENT DIRECTORS \| REMUNERATION

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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