ASYMMETRIC RELATIONSHIP BETWEEN DIRECTORS’ REMUNERATION AND FINANCIAL PERFORMANCE OF LISTED ....
Despite extensive academic research on various aspects of director remuneration, few studies have been conducted to examine the endogeneity of director remuneration and financial results.Using the generalised method of moment, this study investigates the relationship between director remuneration and financial results.Data was gathered from the annual reports and accounts of Nigeria's publicly traded insurance firms. For the purposes of this investigation,All insurance companies listed on the Nigerian stock exchange's floor as of December 31, 2019, were included in the population, with 19 being chosen as the working population using census sampling. The results showed that director remuneration, as calculated by the log of director's salary and other allowances paid to directors, has a substantial impact on financial efficiency.It was suggested that insurance companies look inward to find various motivational tactics in order to continue to improve results.
Please see the link - https://ikprress.org/index.php/JOBARI/article/view/5927
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