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An Executive Compensation Plan for the Long-Term
The Wharton School of The University of Pennsylvania Link to more items from this source
May 29, 2009

Excerpt: [N]ew Wharton research suggests that a compensation structure based on long-term escrow accounts could be better -- at least for a company's future -- than the common practice of rewarding short-term changes in share price. Wharton finance professor Alex Edmans and a group of colleagues propose linking an executive's compensation to the performance of the firm over a longer horizon. Their method also takes into account changing conditions within the firm.  MORE >>

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