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Australian CEO Remuneration

Author

Listed:
  • Richard Heaney
  • Vineet Tawani
  • John Goodwin

Abstract

Cross‐sectional analysis of the remuneration paid by a sample of 1,144 listed Australian companies in 2006 to their CEOs highlights the variation in the level and composition of remuneration both within and across industries. Average annual CEO remuneration for 2006 is $730,000 with 79% short‐term, 14% long‐term and 7% post‐employment remuneration. These components of remuneration structure, company size and corporate governance measures provide insight into the variation in CEO remuneration. There is no evidence of a positive relation between current year CEO remuneration and following year performance.

Suggested Citation

  • Richard Heaney & Vineet Tawani & John Goodwin, 2010. "Australian CEO Remuneration," Economic Papers, The Economic Society of Australia, vol. 29(2), pages 109-127, June.
    • Handle: RePEc:bla:econpa:v:29:y:2010:i:2:p:109-127
    DOI: 10.1111/j.1759-3441.2010.00060.x
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    References listed on IDEAS

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