The new standards : methods for linking business performance and executive incentive pay /

Make the most of the new standards. Every year companies spend millions of dollars on executive incentives. All too often, however, these programs provide a very weak link between pay and performance, with executives potentially rewarded as much for bad decisions as they are for good ones. Packed wi...

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Bibliographic Details
Main Authors: Ericson, Richard N
Corporate Authors: Wiley InterScience Online service
Group Author: Ericson, Richard N.
Published: John Wiley,
Publisher Address: Hoboken, N.J. :
Publication Dates: 2010.
Literature type: eBook
Language: English
Subjects:
Online Access: http://onlinelibrary.wiley.com/book/10.1002/9781119204107
Summary: Make the most of the new standards. Every year companies spend millions of dollars on executive incentives. All too often, however, these programs provide a very weak link between pay and performance, with executives potentially rewarded as much for bad decisions as they are for good ones. Packed with examples, The New Standards insightfully discusses:. How to link pay with business results that create long-term value;. Why incentive structures can discourage management from reasonable risk-taking, in some cases, and can enocourage imprudent risks in others;. The full range of inputs that sh
Carrier Form: 1 online resource (xv, 320 pages) : illustrations
Bibliography: Includes bibliographical references and index.
ISBN: 9780470616109
0470616105
9781119204107
1119204100
Index Number: HF5549
CLC: F244.3
Contents: The New Standards: Methods for Linking Business Performance and Executive Incentive Pay; Contents; Preface; Acknowledgments; Chapter 1: To the CEO; Chapter 2: Business Valuation and Incentive Policy; Chapter 3: Market Practices in Incentive Pay; Chapter 4: The New Standards; Chapter 5: Risk and Executive Incentive Pay; Chapter 6: Motive, Means, and Method: Evaluating Incentive Performance Metrics; Chapter 7: Value-Based Performance Measures; Chapter 8: Ownership, Not Gamesmanship: Setting Targets and Ranges for Performance-Based Plans.
Chapter 9: Business Units and Private Companies, Phantom Stock and Performance PlansChapter 10: Using Stock to Create Effective Incentives; Chapter 11: The Medium Is the Message; Glossary; Index.