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One of the core elements of corporate leadership – pay for performance – is soon to be paralyzed. But, as we propose here based on analysis of pay-for-performance of the FTSE100 companies, this mustn't be the case. If performance is measured relative to peers like in sports, executive...
Persistent link: https://www.econbiz.de/10014042532
Neither caps nor new regulations are the solution for excessive pay: the solution is indexing operating performance. The true culprit of excessive pay was neither ineffective governance nor bad bonus plans: it was excessive performance. To be fair, performance evaluations should differentiate...
Persistent link: https://www.econbiz.de/10013152872