Analiza zależności wynagrodzeń kadr zarządzających oraz wskaźników Z-score i TSR w wybranych bankach działających w Polsce i Stanach Zjednoczonych

Remuneration of executives is a  subject of much debate and controversy. This article analyzes the level of remuneration and tries to correlate it with indicators of the Z-Score and TSR. It has been shown that only in a  few banks there is a  statistically significant relationship between these variables. The controversy may raise (in many cases) due to negative index of directional correlation of these variables, which may indicate that the executive salaries are forming in an irrational way.

Artykuł nie zawiera abstraktu w języku polskim