英文摘要 |
The main purpose of this study was to identify the determinants of nonexecutive employees’ compensation in Taiwan. We conjectured that ownership concentration, the function of corporate governance, and the performance of corporate social responsibilities (CSRs) are three major determinants of nonexecutive employees’ compensation. Two sets of data regarding publicly traded firms in Taiwan were collected: between 2017 and 2020 and between 2018 and 2020. The data were collected from the Taiwan Economic Journal (TEJ) database and the Market Observation Post System. The research findings moderately support our supposition that ownership concentration is negatively correlated with nonexecutive compensation but that the function of corporate governance and the performance of CSRs are positively correlated with it. |