Professional Documents
Culture Documents
Sixth Edition
William R. Scott
Chapter 10
Executive Compensation
Chapter 10
Executive Compensation
10.2 Are Incentive Contracts Necessary?
» Continued
The RBC Compensation Plan (continued)
» Continued
The Theory of Executive Compensation (continued)
» Continued
The Theory of Executive Compensation (continued)
» Continued
The Theory of Executive Compensation (continued)
» Continued
The Theory of Executive Compensation (continued)
» Continued
The Theory of Executive Compensation (continued)
» Continued
The Theory of Executive Compensation (continued)
– Disclosure regulation
• Compensation discussion and analysis
• Increased disclosures of risk management
• Limit tax deductibility of compensation?
– “Say on pay”
The Social Significance of Managerial Labour
Markets that Work Well