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Share options as part of executive remuneration: aligning the interests of stakeholders
Southern African Business Review
View Archive Info| Field | Value | |
| Title |
Share options as part of executive remuneration: aligning the interests of stakeholders
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| Creator |
Scholtz, HE
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| Subject |
executive remuneration, share options, performance-based remuneration, alignment of interests, managerial behaviour
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| Description |
Performance-based remuneration, often in the form of share options, has been endorsed by researchers throughout the world as a way to align the interests of stakeholders and executive management. The wave of corporate scandals raised concerns regarding the design of executive remuneration and the extent to which share options truly align the interests of executive management and stakeholders. This article investigates the impact of share options on managerial behaviour. The article proposes changes at an internal governance level with respect to the remuneration of directors so as to align the interests of the remaining stakeholders. The article also discussesthe disclosure of directors’ remuneration. The article concludes by presenting a summarised best practice framework.
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| Publisher |
College of Economic and Management Sciences (UNISA)
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| Contributor |
—
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| Date |
2012-05-11
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://www.ajol.info/index.php/sabr/article/view/76336
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| Source |
Southern African Business Review; Vol 13, No 2 (2009)
1998-8125 1561-896X |
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| Language |
eng
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| Relation |
https://www.ajol.info/index.php/sabr/article/view/76336/66793
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| Rights |
Copyright on articles is retained by the author(s). The editor and reviewers of SABR cannot accept any responsibility for the infringement of authors' rights or copyright.
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