Board leadership and executive compensation: corporate governance in India Online publication date: Tue, 03-Mar-2020
by I. Sridhar; Sahil Singh Jasrotia
International Journal of Indian Culture and Business Management (IJICBM), Vol. 20, No. 1, 2020
Abstract: In India, the corporate landscape is dotted with family businesses and government through public sector undertakings (PSU). It is the feature with family business and PSU to have board leadership and head of management position with the same person in a majority of cases. The purpose of this paper is to study the impact of board leadership in terms of chairman-CEO duality and chairman-CEO separation on executive compensation in Nifty 50 index companies. The study establishes positive relationship between duality of board chairman and CEO and their separation with executive compensation. An implication of this paper is that it addresses the issue of legislative response to board leadership in terms of good corporate governance practices.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Indian Culture and Business Management (IJICBM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com