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The New Standards: Methods for Linking Business Performance and Executive Incentive Pay - Couverture rigide

Ericson, Richard N

 
9780470559895: The New Standards: Methods for Linking Business Performance and Executive Incentive Pay
Couverture rigide
ISBN 10 : 0470559896 ISBN 13 : 9780470559895
Editeur : Wiley, 2010

Synopsis

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 should guide proper incentive policy

  • Why performance measures must reflect both the quality and quantity 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 incentive pay

Written by noted compensation expert Richard Ericson, this innovative book is a must-read for directors and management concerned with executive compensation design or financial performance measurement and forecasting. Get the guidance and concrete solutions you need to thoroughly reexamine your executive compensation policies and practices with the principles and financial maxims found in The New Standards.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Richard N. Ericson is an expert in executive compensation with Towers Watson. He has more than twenty-five years of experience in business valuation, performance standard setting, incentive design, and general executive pay consulting. Mr. Ericson holds an M.B.A. in finance from the University of Chicago.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Wiley
Date d'édition
2010
Langue
anglais
ISBN 10 
0470559896
ISBN 13 
9780470559895
Reliure
Relié
Numéro d'édition
2
Nombre de pages
336
Coordonnées du fabricant
JOSSEY-BASS
https://www.wiley.com/en-us

111 River Street
Hoboken
NJ
7030
Etats-Unis
Personne responsable
non disponible