The New Standards

Beschreibung

Make the most of the new standards Every year companies spend millions of dollars on executiveincentives. All too often, however, these programs provide a veryweak link between pay and performance, with executives potentiallyrewarded as much for bad decisions as they are for good ones. Packed with examples, The New Standards insightfullydiscusses: * How to link pay with business results that create long-termvalue * Why incentive structures can discourage management fromreasonable risk-taking, in some cases, and can enocourage imprudentrisks in others * The full range of inputs that should guide proper incentivepolicy * Why performance measures must reflect both the quality andquantity of earnings * Risk, executive behavior, and the cost of capital * How to use valuation criteria when choosing metrics * The pros and cons of common approaches to stock-based incentivepay Written by noted compensation expert Richard Ericson, thisinnovative book is a must-read for directors and managementconcerned with executive compensation design or financialperformance measurement and forecasting. Get the guidance andconcrete solutions you need to thoroughly reexamine your executivecompensation policies and practices with the principles andfinancial maxims found in The New Standards.

Autor*in

Richard N Ericson

Themen in »The New Standards«

Business & Management Strategic Management Strategisches Management Wirtschaft u. Management

Stimmen zu »The New Standards«

Details

Link teilen