Costa, Magali; Lisboa, Inês Margarida; Marzinzik, René - In: Risks : open access journal 11 (2023) 7, pp. 1-15
mean remuneration of the board of directors on firms' financial performance. The objective is to understand if the highest … compensation of the CEO is a firm performance driver. In addition to the impact of total remuneration, the different remuneration … positively explains higher firm performance measured using both accounting and market measures. The impact is also evident when …