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Rethinking executive incentives can boost ESG performance / Martin Skladany

Author
Skladany, Martin
Published
[Place of publication not identified] : MIT Sloan Management Review, 2022.
Edition
[First edition].
Physical Description
1 online resource (6 pages)
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Summary
Economic crises tend to have a disproportionate negative impact on employees rather than high-paid executives, whose incomes often increase even at the worst of times. The author proposes a new mechanism -- parity pills -- designed to be triggered by external shocks like pandemics and recessions, or internal factors like revenue declines or pay inequality thresholds -- that would ameliorate the effects on workers while upping the financial responsibility of CEOs.
Subject(s)
View MARC record | catkey: 39666076