The Relationship between Managers Rewards and the Performance Evaluation
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 3
Abstract
The current study aimed at evaluation of the relationship between managers’ rewards and performance evaluation. For this purpose, the net income and the Economic Value Added (EVA) criteria were used. The data from some of the qualified companies in Tehran Stock Market in the period of 2005 to 2015 were collected for conducting the current study. The relationship between managers’ rewards of the chosen companies and the EVA and net income criteria, was then analyzed and interpreted by the use of regression analysis, correlation coefficient, coefficient of determination, and analysis of variance. The results of the hypotheses testing showed that for all the companies studied, there was a significant and relatively strong relationship between managers’ rewards and the EVA, as well as astrong relationship between rewarding the mangers and net income. In addition, testing the relationship between net income and the EVA shows a strong correlation between these two components.
Authors and Affiliations
Mahdi Haghshenass Rezaiie, Ahmad Souri, Mohammad Bagheri Manesh, Mehran Ghorbani
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