A. S. Adeusi1 
,
O. E. Igbekoyi1,
O. V. Ologun3
For correspondence:- A. Adeusi Email: amos.adeusi@aaua.edu.ng
Received: 24 March, 2019 Accepted: 23 June, 2019 Published: 30 June 2019
Citation: Adeusi AS, Igbekoyi OE, Ologun OV. Corporate Governance Mechanisms and Employees’ Compensation. Account Tax Rev 2019; 3(2):66-84 doi:
© 2019 The authors.
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Abstract
The study examined the responsiveness of employees' compensation to board size, board independence, board gender diversity, leverage and institutional ownership in order to establish a perceived relationship. Relevant and related theories that addressed the study from their individual perspective were considered and the study fundamentally hinged on stakeholders' theory. Multiple regression analysis was used to analyse the data. The result revealed and affirmed that there is a positive association between board size, board gender diversity and institutional ownership and employees' compensation. While board independence and leverage have an inverse association with employees' compensation and concluded with a postulated conceptual framework is that governance apparatus had positive nexus employees compensation can influence positively agency problem while board independence and leverage will impact negatively on employee compensation. Corporate governance mechanisms and their associated relationship to employees’ compensation were captured and affirmed in the study.
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