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Pay and Performance at Director Level

In: Handbook of Top Management Teams

Author

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  • Shaun Tyson

Abstract

Director-level pay and performance measurement are of critical importance. The inevitable linkage between pay and performance issues makes this relationship of strategic significance within organisations. This has become of considerable interest to politicians and the public at large since the recession, the causes of which reside in a banking crisis where excessive risks are thought to have been driven by excessive rewards. Since corporate performance may be driven forward by an appropriate reward package, questions about linkage deriving from the separation of ownership from control are central to the way rewards for those at the top are structured and decided.

Suggested Citation

  • Shaun Tyson, 2010. "Pay and Performance at Director Level," Palgrave Macmillan Books, in: Frank Bournois & Jérôme Duval-Hamel & Sylvie Roussillon & Jean-Louis Scaringella (ed.), Handbook of Top Management Teams, chapter 17, pages 173-182, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30533-5_18
    DOI: 10.1057/9780230305335_18
    as

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