The case against long-term incentive plans

• Localización: Harvard business review, ISSN 0017-8012, Vol. 94, Nº 10, 2016, 23 págs.
• Idioma: inglés
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• Resumen

  • The article discusses research on the ineffectiveness of long-term incentive plans as part of the compensation of managers. Topics include the importance of intrinsic motivation in executive performance, the role of risk aversion in the psychology of executives, and the psychological discounting of future incentive pay compared to more immediate compensation. Research by business researcher Alexander Pepper is addressed. INSET: "COMPANIES DON'T WANT TO RISK A PAY DISPUTE"..