The book authoritatively discusses:
* How to design senior management incentive plans that encourage long-term, high-quality business results
* How basic principles of finance and valuation can be used to select performance metrics, establish performance targets and calibrate incentive payouts
* Why companies should use incentive pay for senior management as a proactive business governance tool specifically designed to increase business performance
* Ways to design and stress-test incentives to ensure that they do not encourage improper risk taking or undue risk aversion
See full Press Release.
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