An Introduction to Executive Compensation - download pdf or read online

By Steven Balsam

ISBN-10: 0120771268

ISBN-13: 9780120771264

common readers don't know why humans may still care approximately what executives are paid and why they're paid the best way they're. that is the reason that The Wall highway magazine, Fortune, Forbes, and different renowned and practitioner courses have normal assurance on them. This ebook not just proposes a reason--executives want incentives so as to maximize enterprise price (economists name this "agency theory")--it additionally describes the character and layout of govt reimbursement practices. these incentives can take the shape of advantages (salary, inventory options), perquisites (reflecting the prestige of the administrative in the organizational tradition.
This ebook is critical since it takes the weather of an govt reimbursement package deal aside, interpreting them within the contexts of either monetary idea and company perform after which explains how, lower than various stipulations, one may build a repayment package deal that optimizes an executive's and a corporation's performance.

Key Features
* provides an aim research of present government reimbursement practices
* Comprehensively stories of educational literature and extant practice
* Explains and illustrates a number of the elements of the reimbursement package
* Discusses the inducement, monetary reporting, tax, political, fairness, and company price results of these components

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An Introduction to Executive Compensation by Steven Balsam


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