Kevin J. Murphy: CEO Pay And What to Do About It, Gebunden
CEO Pay And What to Do About It
- Restoring Integrity to Both Executive Compensation And Capital-market Relations
(soweit verfügbar beim Lieferanten)
- Verlag:
- Harvard Business School Publishing, 08/2025
- Einband:
- Gebunden
- Sprache:
- Englisch
- ISBN-13:
- 9781422101179
- Artikelnummer:
- 6673434
- Umfang:
- 256 Seiten
- Copyright-Jahr:
- 2016
- Maße:
- 241 x 196 mm
- Stärke:
- 42 mm
- Erscheinungstermin:
- 1.8.2025
- Hinweis
-
Achtung: Artikel ist nicht in deutscher Sprache!
Beschreibung
In this book proposes a whole new system for incenting managers to act in the best interests of company owners. Reversing his earlier position that companies probably weren t paying enough to attract the best executive talent Jensen and his coauthors are now positing that, in fact, pay packages can be too high and too risk-free, causing otherwise highly talented managers to act in ways that destroy corporate value. The authors have identified the critical missing link in current incentive plans, namely that link between a manager s effectiveness in executing strategy and the capital market s valuation of the results, which they call strategic value accountability. They explain how it works and how to devise a plan that holds top managers accountable for creating long-term strategic value.
Klappentext
Proposes that pay packages can be too high and too risk-free, causing otherwise highly talented managers to act in ways that destroy corporate value. This book identifies the critical missing link in incentive plans, link between a manager's effectiveness in executing strategy and the capital market's valuation of the results.
