Board Practices - Incentives and Governing Risks
This publication examines how effectively boards manage to align executive and board remuneration with the longer-term interests of their companies.
Board Practices - Incentives and Governing RisksEditors: OECD Publishing
This publication examines how effectively boards manage to align executive and board remuneration with the longer-term interests of their companies. This is a major and ongoing issue in many companies and one of the key failures highlighted by the financial crisis. Aligning incentives seems to be far more problematic in companies and jurisdictions with a dispersed shareholding structure since, where dominant or controlling shareholders exist, they seem to act as a moderating force on remuneration outcomes. The reader will learn about the effectiveness of boards in fulfilling their obligation to align executive and board remuneration with the longer term interests of their companies. The full version is accessible to subscribers at http://dx.doi.org/10.1787/9789264113534-en or can be purchased from the OECD Online Bookshop
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