Sumerianz Journal of Business Management and Marketing
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Online ISSN: 2617-0175
Print ISSN: 2617-1724
Quarterly Published (4 Issues Per Year)
Journal Website: https://www.sumerianz.com/?ic=journal-home&journal=27Archive
Volume 1 Issue 4 (2018)
The Impact of Compensation Committee Quality and Firm Performance on Management Compensation: Evidence from Taiwan
Authors : Mao-Chang Wang ; Chia-Wei Lin
Abstract:The purposes of establishing a compensation committee are to enhance the transparency of management compensation, operate internal and external oversight mechanisms, and render management compensation more reasonable. This paper examines the impact of compensation committee quality and firm performance on management compensation within the Taiwanese electronics industry by regression analysis. The empirical results show firm performance and compensation committee quality are positively related to management compensation. The results provide a reference for promoting and constructing a policy for establishing compensation committees. The results also can provide a reference point for firms in emerging economies that seek to implement compensation committees.
Determining Factors of Minimum Wage in the Member States of the OECD
Authors : Dr. Nickolaos Giovanis
Abstract:Undoubtedly, according to the literature, the minimum wage affects employment, consumer prices, inflation, student’s enrollment levels in schools, exports, poverty, prosperity, demand and supply of products, labor and the general growth of a State. This article presents the results of a survey conducted using multiple regression. The main objective of this research was to find the factors that are determinants of the level of the minimum wage, the investigation of the existence of a relationship between the minimum wage and various aggregates and other indicators in the context of a state. This was achieved with the creation of a shuttle equation formed, which shows that of the 20 variables introduced in the model only the variables GDP billions US dollar, Net National Income per capita and GDP per hour worked, which affected the value of the minimum wage. Additionally, the survey results showed that the best predictor variable was GDP billions US dollar, followed by the rest of the model’s variables but with continuously declining significance.