The cause of banking crises since the debacle in the 1980s remains unchanged. Incentives encourage executives to take excessive risks, with few consequences if bets turn bad. It’s happening again.
Director remuneration practices and policies are coming in for much greater scrutiny.
Companies being required to go public with information about executive and workers pay packets is increasingly becoming the norm.
Nobody else, apart from CEOs, has enjoyed a similar rise in their fortunes since the 1980s.
Over two centuries, capitalist ethos has swung from profit-taking for the few, to a distribution of wealth to the many, and back again. Is the pendulum poised to swing once more?
Paying these CEOs more when oil prices rise means they’re rewarded for having good luck.
Business Leadership South Africa has in the recent past assumed a stinging position against public sector corruption. Bonang Mohale explains the stance taken by the lobby group.
Workers will soon get to see just how fat the fat cats have become.
Compensating executives with stock options doesn’t necessarily lead to more risk taking and higher dividend payouts.
The amplified public concerns about executive pay that led to the cementing of reporting and disclosure into law, may start trend of voluntary disclosure among professional bodies.
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Research shows paying people more can actually lead to worse decisions. Getting the best results from executives requires understanding our complex motivations
It’s not just that Ahmed Fahour earns a lot of money. Australia Post had, until this week, been able to keep its CEO’s salary top secret.
Australia’s rules on how investors engage with companies, coupled with the clout of superannuation investor groups, means there’s potential for more shareholder activism.
The last 20 years of failure to tackle boardroom excess should prompt a more radical approach.
Two experts debate whether or not Australian executive pay should be benchmarked against that of US companies.
Hart and Holmström changed the way we think about corporate governance.
Studies show performance-based incentives for CEOs do not lead to better organisational performance.
The ever-widening gap between CEO and average worker pay has its roots in collective action by executives.
The gap between CEO pay and average wage has sky-rocketed in the last 20 years. It’s not just unfair, it’s bad for business.
It is too easy to blame naked greed for rising CEO pay. New research signals that bosses are being compensated for the risk of the chop.