Strengthening organizations and their impact through governance, CEO evaluation, succession planning and human capital
This is interesting and resonates. I've worked in this space, including with many thoughtful, principled, expert consultants. But there are underlying dynamics in the work that create some of these challenges. https://lnkd.in/g_xuC-py #boardsofdirectors #governance #executivecompensation
Fascinating study highlights a novel mechanism via which consultants may drive CEO pay up. Firms more influenced by their consultants have peers with more highly paid CEOs, higher CEO pay, and lower pay-performance sensitivity. We call it backing into the number. #payversusperformance #alignment #totalshareholderreturn #governance #streetfeeds https://lnkd.in/etr3Nyzx
The view on executive #compensation is shifting, PwC’s 2023 Annual Corporate Directors Survey finds. Learn why boards need to rethink what metrics they're focusing on when determining how #executives are paid or rewarded: https://pwc.to/3ZTvzPO
Contrary to conventional wisdom, compensation discussions can uncover gaps in underlying premises, leading to important and deep discussions that clarify strategic intent. Semler Brossy's Blair Jones and Sara Bourdouane examine three case studies that demonstrate how executive compensation discussions catalyze value creation. https://lnkd.in/gmXENz5p #compensationstrategy
As #CompensationCommittee advisors, we've witnessed firsthand how discussions around #executive compensation can catalyze profound shifts in #OrganizationalStrategy. Our latest article series explores instances where #pay “wags the dog,” unearthing strategic misalignments and prompting invaluable conversations that can reshape business priorities.
Contrary to conventional wisdom, compensation discussions can uncover gaps in underlying premises, leading to important and deep discussions that clarify strategic intent. Semler Brossy's Blair Jones and Sara Bourdouane examine three case studies that demonstrate how executive compensation discussions catalyze value creation. https://lnkd.in/gmXENz5p #compensationstrategy
Our free-to-attend webinar, in partnership with Alliance Advisors, starts in just a few minutes! Sign up below to learn everything you need to know about aligning compensation with stakeholder expectations. #corpgov #governance #executivecompensation
A COLLECTION OF EMPIRICAL ARTICLES ON EXECUTIVE COMPENSATION Find more than 50 full-text papers on executive compensation. All papers are free for reading and downloading. The editorial team of our journal Corporate Ownership and Control has updated the collection of empirical articles devoted to the topic of executive compensation and published in our journal. The following collection has been prepared in order to help our readers and scholars pursuing research in this field find more information within topic of executive compensation. #corporategovernance #executivecompensation #boardofdirectors #directors #CEO #independentdirectors #remuneraation #firmpeformance #listedcompanies Follow the link below https://lnkd.in/eC2U5AE
A COMMITMENT TO CHANGE? CEO PAY AND ALIGNMENT WITH ENVIRONMENTAL, SOCIAL, AND GOVERNANCE OBJECTIVES Compensation committees traditionally seek to align executive pay with desired organizational outcomes. This qualitative study, published in our journal Corporate Ownership and Control examines whether the signatories made discernible changes to executive compensation structures to align executive incentives with a broader stakeholder view. The authors observe the compensation committee reports of 135 signatory firms’ proxy statements for the fiscal year ending 2020, to identify whether each firm’s incentive compensation structure included measures aligned with the firm’s commitment to a stakeholder focus. Nearly half of the sample firms continued to reward executives exclusively using measures to assess financial objectives, although thirteen made promises to include stakeholder corporate performance measures in their 2021 compensation programs. #corporategovernance #boardofdirectors #stakeholders #CEO #CEOpay #firmperformance #finance Find the full-text paper below https://lnkd.in/eTJNBDhZ
Executive Compensation in the Boardroom
Are you interested in serving on a corporate Board of Directors of a privately held company? Here are some numbers that may interest you. The 2023 Private Company Board Compensation and Governance Survey drew 1,500 participants and is a leading source for private company pay and governance data. The total cost of governance is correlated with company size. This relationship is driven by differences in the amount of compensation given to individual directors, as well as differences in board size. As a company’s revenue increases, the complexity of operations, regulatory requirements and the responsibilities of the board also increase. To deal with this greater responsibility, larger companies may have a larger board and separate committees. Higher compensation is needed to attract qualified talent and reward board members for their time commitment. #VanderzeeSearch #BoardPractice #BoardAcceleratorProgram https://lnkd.in/guqfcXqP
A COMMITMENT TO CHANGE? CEO PAY AND ALIGNMENT WITH ENVIRONMENTAL, SOCIAL, AND GOVERNANCE OBJECTIVES Compensation committees traditionally seek to align executive pay with desired organizational outcomes. This qualitative study, published in our journal Corporate Ownership and Control examines whether the signatories made discernible changes to executive compensation structures to align executive incentives with a broader stakeholder view. The authors observe the compensation committee reports of 135 signatory firms’ proxy statements for the fiscal year ending 2020, to identify whether each firm’s incentive compensation structure included measures aligned with the firm’s commitment to a stakeholder focus. Nearly half of the sample firms continued to reward executives exclusively using measures to assess financial objectives, although thirteen made promises to include stakeholder corporate performance measures in their 2021 compensation programs. #corporategovernance #boardofdirectors #stakeholders #CEO #CEOpay #firmperformance #finance Find the full-text paper below https://lnkd.in/dgD4C_3P
