9. Management compensation (S19-5) We noted that management compensation must, in practice, rely on results rather than

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9. Management compensation (S19-5) We noted that management compensation must, in practice, rely on results rather than effort. Why? What problems are introduced by not rewarding effort?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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