Top Management Incentives and Corporate Performance

There is little agreement about either the effect of executive compensation on corporate performance or the best way to measure the strength of executive incentives. With little guidance from academic research, managers and directors continue to rely heavily on the percentage of pay "at risk" as a proxy for incentive strength. 2005 Morgan Stanley.

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Year of publication:	2005
Authors:	O'Byrne, Stephen ; Young, David
Published in:	Journal of Applied Corporate Finance. - Morgan Stanley, ISSN 1078-1196. - Vol. 17.2005, 4, p. 105-114
Publisher:	Morgan Stanley

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005523296