Senior Executive Reward: Key Models and Practices
Executive pay remains a contentious topic for many organizations. Unfortunately for company executives, much of the writing about it is either sensationalist or highly academic; none of it much help to the reader looking for a balanced and informed view of the subject. Sandy Pepper provides company executives, investors, and advisers with a summary of the main theories (from economics, game theory and the behavioural sciences) and best practices (in corporate governance, tax, accounting, compliance and so on) that relate to the compensation of senior executives. He also reviews the current state of corporate governance as it affects executive reward in Europe and the US. And he backs the text up with case study examples. Senior Executive Reward is an intelligent, practical and balanced explanation of the basis on which modern executives are compensated - and why. It is must-have reading for anyone who is interested in the complex and often controversial topic of executive pay, particularly remuneration committee members, professional advisers and senior executives anxious to understand for themselves (and explain to others) the basis on which they are rewarded.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
accounting treatment agency theory approved awards base salary benchmarking bonuses chairman Chapter company's compensation committee corporate governance crowding-out deferred compensation disclose disclosure earnings economic economists employees equity incentive equity theory example executive compensation executive pay executive remuneration executive's exercise price game theory golden parachute incentive contract incentive effect incentive plans income increase individual inputs interests of shareholders intrinsic motivation investors labour supply curve linked listed companies long-term incentive management board maximise motivation calculus needs particular pension performance standard policies practice prisoner's dilemma probability of promotion PSYCHOLOGY recommended remuneration committee remuneration committee's dilemma remuneration report restricted stock retirement benefits reward strategy risk Scenario senior executive reward share options share price shareholder value SOCIOLOGY AND ORGANISATIONAL stakeholders Stock Exchange stock options strike price supervisory board Swiss tax and accounting top managers total compensation total reward Tournament model tournament theory typically ultimatum game variable options