TITLE

TAKING CARE OF BUSINESS: EXECUTIVE COMPENSATION IN THE UNITED KINGDOM

AUTHOR(S)
Conyon, Martin; Gregg, Paul
PUB. DATE
May 1995
SOURCE
Economic Journal;May95, Vol. 105 Issue 430, p704
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article considers the issues, evidence and outline possible ways in which one may wish to reform pay setting practices for top executives in Great Britain. The evidence of restructuring of the overall compensation package received by senior management. The use of share incentive schemes or share options also became increasingly popular in the 1980s. There are three key characteristics of the most common form of options issues in the country which are: fixed price which are offered with discount, the fixed price formula offers gains from share price volatility, and share price appreciation of the stock option will on average reflect the general appreciation of all stocks.
ACCESSION #
9506153434

 

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