On the Designation of the Executive Incentive Compensation Plan
Minhui Li
Abstract
Minhui Li
Abstract
A good incentive compensation plan can decrease the conflicts between stockholders and managers and drive the managers work harder to increase the value of the firm. This paper discusses the theoretical base and methods of incentive compensation, the circumstances and principlc we shoulder consider when designing the plan,and the contents of the plan.
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A good incentive compensation plan can decrease the conflicts between stockholders and managers and drive the managers work harder to increase the value of the firm. This paper discusses the theoretical base and methods of incentive compensation, the circumstances and principlc we shoulder consider when designing the plan,and the contents of the plan.
Key concepts: Incentive, Compensation (psychology), Plan (archaeology), Executive compensation, Business, Incentive program, Shareholder, Work (physics)