What are the Most Effective Executive Compensation Strategies for Levels not Eligible for Long Term Incentive?
|dc.description.abstract||The trend toward incentive-based, long-term compensation has increasingly strengthened as companies seek to align shareholder, management, and executive interests, especially in light of the financial crisis of 2008. Privately held companies face a unique challenge because they are not in a position to easily offer stock options as a means of a long-term incentive plan; although possible, it is both cumbersome and dilutes the owners’ control of the company. We have identified two alternative means of providing incentives to managers and executives: deferred compensation and the use of perquisites. In addition, we provide a closer at look at the impact and efficacy of the trend toward incentive-based pay on employee and business performance.|
|dc.rights||Required Publisher Statement: Copyright held by the authors.|
|dc.title||What are the Most Effective Executive Compensation Strategies for Levels not Eligible for Long Term Incentive?|
|dc.description.legacydownloads||What_are_the_most_effective_executive_compensation_strategies_for_levels_not_eligible_for_long_term_incentive.pdf: 3355 downloads, before Oct. 1, 2020.|
|local.authorAffiliation||Calder, Jane: Cornell University|
|local.authorAffiliation||Shah-Hosseini, Suzanne: Cornell University|