The research aimed at evaluating the effect of management remuneration on the financial performance of public listed companies in the Nairobi Securities Exchange. The research adopted quantitative research method, and secondary data to answer the research questions. The target population of the research study were companies listed in Nairobi securities exchange. Stratified and criterion sampling were utilised in sampling of 24 companies that were incorporated in the study. Stratification occurred along the industry category under which the companies were listed, and criterion sampling was used to identify company with the required secondary data that met criteria of selection. The secondary data was collected from the companies’ websites and annual financial reports of between 2016 and 2018. Data on management remuneration measured through salary, benefits, bonus, shares and allowances as the independent variable, and financial performance measured as ROA and ROE as the dependent variable were collected. The data was analysed using Stata statistical software. The data was exposed to both descriptive and inferential analysis (Spearman correlation analysis). From the analysis, the financial performance (ROA and ROE) was found to differ from company to company in the three years evaluated. In the three years, average annual ROA and ROE decreased from 3.5 and 0.113 to 3.1 and 0.068 respectively. Management remuneration measures also differed from company to company with salary (all companies) and benefits (83.3%) being the most utilised. Bonus was the only management remuneration strategy that significantly correlated with ROE (r value= 0.4737) and ROA (r value= 0.3941). Bonus was identified as the best predictor of financial performance of the organisations listed in NSE. It is thus recommended that organisations to leverage bonus to improve overall financial performance.