This study aims to analyze the influence of corporate financial performance and corporate governance mechanisms on compensation of top management teams by using company size as a control variable. Financial performance used is profitability and asset growth. The corporate governance mechanism used is the proportion of independent commissioners and institutional ownership. The type of data in this study is secondary data with a sampling technique that is purposive sampling. The research sample is all companies listed on the Stock Exchange for the period 2016-2017 (152 observations). The results of the study show that the company's performance when measured by Return on Asset has a positive effect on compensation of the top management team. However, when financial performance is measured by the growth of the resulting asset it shows did not affect the compensation of the top management team. The proportion of independent commissioners and institutional ownership did not affect the compensation of the top management team. Company size control variables have a significant positive effect on compensation of the top management team.