Influencia del say-on-pay como mecanismo de gobierno corporativo en las empresas cotizadas españolas

• Gabriel Lozano-Reina ^[1] ; Gregorio Sánchez-Marín ^[1] ; J. Samuel Baixauli Soler ^[1]
  1. [1] Universidad de Murcia

     Universidad de Murcia

     Murcia, España

     
• Localización: UCJC Business & Society Review, ISSN-e 2659-3270, Vol. 16, Nº. 4, 2019, págs. 68-131
• Idioma: español
• Títulos paralelos:
  • Influence of say-on-pay as a corporate governance mechanism in Spanish listed firms
• Enlaces
  • Texto completo
• Dialnet Métricas: 2 Citas
• Resumen
  • español

    El Say-on-Pay (SOP) es un mecanismo de gobierno corporativo mediante el que los ac-cionistas pueden votar sobre la idoneidad de las retribuciones de los altos directivos de las empresas cotizadas. Usando una muestra de una muestra de 113 empresas españolas en el periodo 2011-2018, este trabajo analiza los efectos potenciales del SOP en las retribuciones de los altos directivos a la luz de las diferentes tipologías que existen de esta votación para, a continuación, examinar empíricamente cómo las retribuciones de los CEOs de las empresas cotizadas españolas se han visto afectadas desde la implementación del SOP

  • English

    Say-on-Pay (SOP) is considered a corporate governance mechanism which allows sharehold-ers to vote on executive compensation in listed firms. Using a sample of 113 Spanish firms from 2011 to 2018, this paper analyzes the main effects of SOP on executive compensation by considering different vote typologies. The paper then empirically examines how implementing SOP affects executive compensation design

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