Vinsamlegast notið þetta auðkenni þegar þið vitnið til verksins eða tengið í það: http://hdl.handle.net/1946/37171
The main subject of this thesis is to investigate whether a relationship exists between changes in current CEO compensation and subsequent financial performance amongst firms in four Nordic countries. The main theories that the CEO compensation literature is based on are described. The existing literature presents mixed findings on the relationship in question. CEO compensation and accounting-based firm performance in 56 publicly traded firms are analysed using data from the period from 2015 to 2019. The data is analysed using a pooled OLS regression and a fixed-effects panel data regression. The findings of the analysis show that no relationship exists between changes in cash-based CEO compensation and firm performance in the subsequent period.
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