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 becomes more tied to the c...
Image: Phys.org
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.
Originally published at Phys.org
