Open AccessImpact of Executive Compensation, CEO Compensation and Board Diversity on Organizational Performance with Moderating Effect of Systemic Factors
Author(s) -
Shoukat Malik,
Noorulain Waheed
Publication year - 2022
Publication title -
journal of business and social review in emerging economies
Language(s) - English
Resource type - Journals
eISSN - 2519-089X
pISSN - 2519-0326
DOI - 10.26710/jbsee.v7i4.2020
Subject(s) - executive compensation , multilevel model , gender diversity , diversity (politics) , compensation (psychology) , organizational performance , business , originality , accounting , psychology , moderation , social psychology , corporate governance , marketing , political science , law , computer science , finance , machine learning , creativity
Purpose: Current research intended to probe the impact of executive compensation, CEO compensation and diversity on the organizational financial performance with the moderating role of systemic factors. Systemic factors are overall country based factors such as political, economic, social and legal factors that may moderate the relationship of executive compensation, CEO compensation, diversity and organizational performance.
Design/Methodology/Approach: To conduct study secondary data is collected from annual reports of domestic scheduled public sector banks of 2015-2020. Executive compensation, CEO compensation and board gender diversity are bootstrapped on organizational performance by using MS Excel and Stata17. Linear regression and moderated hierarchical regression analysis is used for data analysis.
Findings: Results shows that Executive compensation, CEO compensation and diversity has signification positive impact on organizational performance. Moreover systemic factors moderates the predictors and outcome relationship
Implications/Originality/Value: This paper explores the relationship of Executive & CEO compensation, board gender diversity and organizational performance with the moderating role of systemic factors, which has largely been ignored in the previous literature