Australian CEO compensation: The descriptive evidence

CPA Australia
Publication Type:
Journal Article
Australian Accounting Review, 2007, 17 (3), pp. 47 - 59
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CEO compensation has been well documented in the US in the academic and professional literature. However, despite widespread attention by the Australian business community and the federal government to this issue, descriptive evidence on Australian CEOs' compensation contracts is very sparse. Using a sample of large Australian firms for three years, this study provides the first detailed descriptive evidence on both the levels and structures of Australian CEO compensation. The study compares these findings with those from the US and reveals significant variations in CEO compensation contracts between the Australian and US markets.
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