Year of Graduation
The Influence of CEO's Compensations on Relations between Personal Characteristics and Profitability
In this paper, the effect of remuneration on the relationship between the personal characteristics of the CEO and the profitability of the company is presented. As personal characteristics are taken: sex, age and time in the post of CEO. In addition, the work also examines the impact of individual components of remuneration, such as wages, bonuses and benefits for linking the personal characteristics of the CEO and the company's profitability. The sample consisted of European companies for the period from 2008 to 2013. As a result, it was revealed that the compensation reduces the positive impact of being the CEO of a man on the profitability. It was also received that bonuses reduce the beneficial effect of CEO's age on the company's profitability and also benefits reduce the positive impact of being the CEO of a man on the company's profitability.