EFFECT OF BOARD CHARACTERISTICS ON EXECUTIVE COMPENSATION OF LISTED CONSUMER GOODS FIRMS IN NIGERIA
| dc.contributor.author | Musatapha, Isa Fatima | |
| dc.date.accessioned | 2023-12-10T17:44:53Z | |
| dc.date.available | 2023-12-10T17:44:53Z | |
| dc.date.issued | 2021-07-15 | |
| dc.description.abstract | Conflict of interest between the managers has continued to ensure. This is even made more an issue of concern as executive compensation has continued to rise and not even reduced at a point when most firms are facing financial difficulties. The board of directors are supposed to keep in check and ensure financial discipline. However, the characteristics of the board member play a prominent role in its ability to checkmate the excess in their take home pay. This study examined the effects of board characteristics on the executive compensation of selected consumer goods companies in Nigeria. The study employed a panel research design in a sample of 13 firms for a period of ten years (2010-2019). Secondary data from the annual reports and accounts of the sample firms was used. The multiple regression technique, was employed to determine the effect of board characteristics on the executive compensation. The result was interpreted using random j effect regression. The results reveal that all the variables have positive significant effects on executive compensation except board gender diversity. Thisnmplies that the executives could easily ; influence the board to increase its compensation except where the board is independent. It is : recommending that regulators in the stock market should ensure adherence to the composition of the board with more of independent directors so as to ensure independence in order to prevent the abuse of shareholder’s wealth through exorbitant compensations by the executive. The study also recommends for the existence of an independent compensation committee that will design suitable reward packages for the executives and to reduce the pay of self-serving managers. | en_US |
| dc.identifier.citation | BEING A DISSERTATION SUBMITTED TO THE SCHOOL OF POSTGRADUATE STUDIES OF NASARAWA STATE UNIVERSITY, KEFFI IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF MASTER OF SCIENCE (M.SC.) DEGREE IN ACCOUNTING | en_US |
| dc.identifier.uri | https://keffi.nsuk.edu.ng/handle/20.500.14448/843 | |
| dc.language.iso | en | en_US |
| dc.publisher | DEPARTMENT OF ACCOUNTING FACULTY OF ADMINISTRATION NASARA WA STATE UNIVERSITY, KEFFI | en_US |
| dc.title | EFFECT OF BOARD CHARACTERISTICS ON EXECUTIVE COMPENSATION OF LISTED CONSUMER GOODS FIRMS IN NIGERIA | en_US |
| dc.type | Thesis | en_US |