The following are cryptic notes and a few photos taken at the 2013 Millstein Forum held June 24 & 25 at Columbia Law School. Be sure to check out the Forum’s photo gallery. Moderator: Harvey J. Goldschmid, Dwight Professor of Law, Columbia Law School; Former Commissioner, Securities Exchange Commission. Panelists: (more…)
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De-emphasizing Pay for Performance
James McRitchie, 05/26/2012 ,
It is common knowledge that people are not driven solely by the prospect of financial rewards. Yet, in business, motivational tools for top executives—particularly the CEO—almost singularly comprise financial incentives. In 1980, only 10 percent of the UK’s largest FTSE100 companies utilized incentive arrangements (in the form of cash and stock-based variable pay). Today, they […]