Long Term Incentive Plans, Executive Pay and UK Company Performance
In agency theory, the remuneration packages of executive directors in large companies are seen as an attempt to give them a pattern of rewards that aligns their interests more closely with shareholders as a whole. The sensitivity of total executive rewards to share price performance has become the conventional yardstick for judgements concerning whether reward packages do indeed serve shareholders' interests or executives themselves. Copyright 2003 Blackwell Publishing Ltd..
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Volume (Year): 40 (2003)
Issue (Month): 7 (November)
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