CEO Pay at The Crossroads of Wall Street and Main : Toward The Strategic Design of Executive Conpensation  

Oleh:

Hoskisson, Robert E. ; Grossman, Wayne

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Academy of Management Executive vol. 12 no. 1 (Feb. 1998), page 43-57.
Topik: STRATEGIC; crossroads of wall street and main; strategic design; executive compensation
Fulltext: AA4_12-01_Wayne Grossman.pdf (3.23MB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: AA4.2 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Incentive or performance contingent compensation plans are rapidly becoming the norm in corporate america, as boards of directors attempt to make executives more accountable to share golders. However incentive plans also expose executives to risk and may also import a short term bias on their decision making pocesses. This article suggest that the tension between the pressures for accountability and long term decision making can be managed by aligning firm strategy with an incentive plan that is based on an appropriate performance criteria.

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