Rethinking executive incentives can boost ESG performance
Economic crises tend to have a disproportionate negative impact on employees rather than high-paid executives, whose incomes often increase even at the worst of times. The author proposes a new mechanism -- parity pills -- designed to be triggered by external shocks like pandemics and recessions, or...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
[Place of publication not identified] :
MIT Sloan Management Review
2022.
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| Edición: | [First edition] |
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| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009825871906719 |
| Sumario: | Economic crises tend to have a disproportionate negative impact on employees rather than high-paid executives, whose incomes often increase even at the worst of times. The author proposes a new mechanism -- parity pills -- designed to be triggered by external shocks like pandemics and recessions, or internal factors like revenue declines or pay inequality thresholds -- that would ameliorate the effects on workers while upping the financial responsibility of CEOs. |
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| Descripción Física: | 1 online resource (6 pages) |
