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9781422101179

Ceo Pay And What to Do About It

by
  • ISBN13:

    9781422101179

  • ISBN10:

    1422101177

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2020-08-01
  • Publisher: Harvard Business School Pr
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Supplemental Materials

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Summary

In this book proposes a whole new system for incenting managers to act in the best interests of company owners. Reversing his earlier position-that companies probably weren't paying enough to attract the best executive talent-Jensen and his coauthors are now positing that, in fact, pay packages can be too high and too risk-free, causing otherwise highly talented managers to act in ways that destroy corporate value.The authors have identified the critical missing link in current incentive plans, namely that link between a manager's effectiveness in executing strategy and the capital market's valuation of the results, which they call strategic value accountability. They explain how it works and how to devise a plan that holds top managers accountable for creating long-term strategic value.

Supplemental Materials

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The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

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