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http://hdl.handle.net/11718/655
Title: | Managerial compensation in India: a test of alternative models |
Authors: | Singh, Manjari Bhattacherjee, Debashish |
Keywords: | Managerial compensation - Indian Economy |
Issue Date: | 14-Dec-2009 |
Series/Report no.: | WP;2000-06-04/1604 |
Abstract: | This study attempts to econometrically model the determinants of managerial compensation in the Indian economy making use of a pooled cross-section and time-series data base that consists of 157 managers from eight companies for the time period 1977-97. The paper tests for the empirical validity of four alternative models/explanations of corporate compensation: firm performance, managerial discretionary power, human capital, and the tournament-based pay structure. The earning equations are developed for testing the various hypotheses and a generalised linear regression framework is used for analysing the data. |
URI: | http://hdl.handle.net/11718/655 |
Appears in Collections: | Working Papers |
Files in This Item:
File | Description | Size | Format | |
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WP 2000_1604.pdf | 1.91 MB | Adobe PDF | View/Open |
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