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Key Performance Indicators as Determinants of Managerial Compensation

Author

Listed:
  • Ivana Marinovic Matovic

    (Addiko Bank AD Belgrade, Serbia)

  • MiloÅ¡ Pavlovic

    (University of Pristina, Serbia)

Abstract

Performance management has gained in importance, especially in recent times, as managers are under constant pressure to improve organizational performances. Performance management, as a process of efficient management of executive compensation, is a relatively new concept. This paper analyzes the concept of business performances, as well as the concept of performance management. It shows the evolution of business performances over time. Finally, the paper elaborates the purpose, goals, principles, characteristics and significance of the organizational performances for the operationalization of policy and strategy of managerial compensation.

Suggested Citation

  • Ivana Marinovic Matovic & MiloÅ¡ Pavlovic, 2020. "Key Performance Indicators as Determinants of Managerial Compensation," Proceedings of the 18th International RAIS Conference, August 17-18, 2020 004im, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:apaper:004im
    as

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    References listed on IDEAS

    as
    1. David Nash, 2003. "Determinants of the use of financial incentives in investment banking," Working Papers wp256, Centre for Business Research, University of Cambridge.
    2. Eva Benková & Peter Gallo & Beáta Balogová & Jozef Nemec, 2020. "Factors Affecting the Use of Balanced Scorecard in Measuring Company Performance," Sustainability, MDPI, vol. 12(3), pages 1-18, February.
    3. Dziallas, Marisa & Blind, Knut, 2019. "Innovation indicators throughout the innovation process: An extensive literature analysis," Technovation, Elsevier, vol. 80, pages 3-29.
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    Keywords

    performance measurement; executive compensation; motivation;
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