Question
According to KEVIN J. MURPHY in Executive Compensation: Where We Are, and How We Got There what are the problems with the non-linear pay-performance relations
According to KEVIN J. MURPHY in "Executive Compensation: Where We Are, and How We Got There" what are the problems with the non-linear pay-performance relations of CEO's bonus plans based on accounting measures? Would these problems be effectively mitigated by shifting from accounting- to equity-based plans?
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The Restaurant From Concept to Operation
Authors: John R Walker
6th Edition
9781118139950, 470626437, 111813995X, 978-0470626436
