J. C. de Swaan and Neil W. C. Harper
Since standard stock options don’t differentiate between value created by external factors and individual performance, investors may be shortchanged and CEOs may be rewarded regardless of merit and top-performing CEOs may be penalized if their tenure coincides with a bear market. Indeed, McKinsey research shows that from 1991 to 2000, market and industry factors drove about 70 percent of the returns of individual companies, company-specific … [ Read more ]
Content: Quotation | Authors: J. C. de Swaan, Neil Harper | Source: McKinsey Quarterly | Subjects: Compensation, Corporate Governance
Getting What You Pay for with Stock Options
Companies now have an opportunity to rethink their use of stock options so that they serve shareholders as well as executives.
Content: Article | Authors: J. C. de Swaan, Neil Harper | Source: McKinsey Quarterly | Subject: Corporate Governance
Are You Too Focused?
As successful companies mature, they must diversify to survive—and they can dramatically improve their shareholder returns as they do. The only questions are when and how.
Content: Article | Authors: Neil Harper, S. Patrick Viguerie | Source: McKinsey Quarterly | Subject: Management
Private Equity’s New Challenge
A changed competitive landscape calls for a different business model.
Content: Article | Authors: Andreas Beroutsos, Neil Harper, Richard N. Foster | Sources: CFO Publishing, McKinsey Quarterly | Subjects: Finance, Industry Specific | Industry: Finance / Banking