How Exclusion of Recurring Expense Items are Related to the Remuneration of CEOs
This study examines the remuneration of CEOs impact the decision of excluding recurring expense items in disclosures of non-GAAP financial information by large mining companies in Australia. The results support the context of Australia which is different in terms of the remuneration structure. Short-term incentives are negatively related with the exclusion of recurring expense items in non-GAAP metrics disclosures. The two separate models demonstrate that individual component needs to be considered to get comprehensive insight of the relationship because total remuneration is not statistically significant to the exclusion of recurring expense items.
This paper analyses the regional distribution disparity of enterprise income taxes. The main conclusions are as follows. The headquarter economy developed areas gather much more enterprise taxes,central and western regions are at a disadvantage position. A more equitable enterprise income tax distribution system is needed to correct this situation.