Abstract
Overemphasis on financial performance criteria to award incentives for CEOs has often been mentioned as one of the main culprits behind recent corporate scandals. In response, there is a growing chorus for inclusion of social performance criteria in the design of executive compensation schemes. To date, however, very little is known about the true benefits of this practice. This article critically discusses the potential advantages and pitfalls of this recommendation.
Original language | English (US) |
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Pages (from-to) | 959-971 |
Number of pages | 13 |
Journal | Human Resource Management |
Volume | 48 |
Issue number | 6 |
DOIs | |
State | Published - Nov 2009 |
Externally published | Yes |
Keywords
- Corporate social responsibility
- Executive compensation
- Social criteria
ASJC Scopus subject areas
- Applied Psychology
- Strategy and Management
- Organizational Behavior and Human Resource Management
- Management of Technology and Innovation