Published March 3, 2026 | Version v1
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ANALYSIS OF THE IMPACT OF CORPORATE GOVERNANCE ON MANAGERS' REMUNERATION

Authors/Creators

  • 1. Master's student, International Innovative University

Description

Corporate governance is an integral part of the modern economy and serves to ensure the long-term stability of a company by regulating its management mechanisms. Managers’ remuneration is an important incentive element of corporate governance, as it shapes managers’ motivation and their commitment to the company’s goals.

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References

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  • Fama, E.F., & Jensen, M.C. (1983). Separation of ownership and control. Journal of Law and Economics, 26(2), 301-325
  • Shleifer, A., & Vishny, R.W. (1997). A survey of corporate governance. The Journal of Finance, 52(2), 737-783.
  • Kaplan, S.N., & Norton, D.P. (1996). The Balanced Scorecard: Translating strategy into action. Harvard Business School Press.
  • Bebchuk, L.A., & Fried, J.M. (2004). Pay without performance: The unfulfilled promise of executive compensation. Harvard University Press.