The study investigates the influence of International Financial Reporting Standards
adoption, using accounting performance measure, to determine the CEO pay in listed
banks in Nigeria. The audited annual financial statements of listed banks in Nigeria
covering the period of 2009–2015 are analyzed. Fixed effect model, viz panel data
analysis is adopted to establish the findings. The findings indicate that adoption of
IFRS in Nigeria results in an inverse relationship with accounting performance
in determining the CEO compensation after controlling for firm and corporate
governance mechanism. However, the adoption of IFRS shows significant positive
influence on the CEO pay. This result has policy implication, which encourages the
regulatory agencies like Central Bank of Nigeria to monitor the compliance of all
banks in Nigeria to the IFRS adoption.
Alex, A (2020). IFRS adoption and CEO compensation: evidence from listed banks in Nigeria. Afribary.com: Retrieved July 14, 2020, from https://afribary.com/works/ifrs-adoption-and-ceo-compensation-evidence-from-listed-banks-in-nigeria
Adegboye, Alex. "IFRS adoption and CEO compensation: evidence from listed banks in Nigeria" Afribary.com. Afribary.com, 18 Jun. 2020, https://afribary.com/works/ifrs-adoption-and-ceo-compensation-evidence-from-listed-banks-in-nigeria . Accessed 14 Jul. 2020.
Adegboye, Alex. "IFRS adoption and CEO compensation: evidence from listed banks in Nigeria". Afribary.com, Afribary.com, 18 Jun. 2020. Web. 14 Jul. 2020. < https://afribary.com/works/ifrs-adoption-and-ceo-compensation-evidence-from-listed-banks-in-nigeria >.
Adegboye, Alex. "IFRS adoption and CEO compensation: evidence from listed banks in Nigeria" Afribary.com (2020). Accessed July 14, 2020. https://afribary.com/works/ifrs-adoption-and-ceo-compensation-evidence-from-listed-banks-in-nigeria