Incentives for the Long Run: An Executive Compensation Plan That Looks Beyond the Next Quarter

Executive compensation packages that provide huge payouts for short-term stock-market gains have been blamed for playing a role in the risky behavior that triggered the continuing financial crisis. In a new research paper a Wharton professor and several colleagues say they have come up with something better: A compensation structure based on long-term escrow accounts.

Hosted on Acast. See acast.com/privacy for more information.