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Dannielle Dannielle
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3 years ago
One problem with compensation systems is that

▸ sometimes a manager is rewarded for an objective other than maximizing profits.

▸ managers are often paid too much.

▸ owners sometimes want to pursue social objectives.

▸ the Dodd-Frank Act of 2010 requires shareholder votes on compensation that are non-binding.
Textbook 
Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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toria3toria3
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3 years ago
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Dannielle Author
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3 years ago
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