Firms with independent board members are more willing to challenge risky CEO pay structures, says new research
The study, published in European Financial Management, focused on "inside debt," which includes pensions and deferred compensation awarded to chief executives. Unlike bonuses or shares, these payments can encourage CEOs to become more cautious because their personal wealth become
The study, published in European Financial Management, focused on "inside debt," which includes pensions and deferred compensation awarded to chief executives. Unlike bonuses or shares, these payments can encourage CEOs to become more cautious because their personal wealth becomes more tied to the company's long-term financial health.
This report comes from Phys.org. The story centres on Firms with independent board members are more willing to challenge risky CEO pay structures, says new research. Full coverage and background context is available at the original source. Readers seeking more detail on this developing topic are encouraged to follow updates from Phys.org and related outlets covering this beat.
