The Dark Side of Stakeholder Management
Bernie Madoff, Lee Kun Hee and, less recently, WorldCom, Parmalat and Enron. In the wake of all this white-collar crime, people are calling for corporate social action. A Stakeholder Management approach could be the answer. But when a CEO is juggling everyone from employees to charities, the water surrounding their actions and results becomes murky. In “Does Stakeholder Management Have a Dark Side,” Carmelo Cennamo, … [ Read more ]
Content: Article | Authors: Carmelo Cennamo, Luis R. Gómez-Mejía, Pascual Berrone | Source: IESE Insight | Subjects: Corporate Governance, Management
How To Determine Logical Executive Compensation?
Who, what, where and why? These are all questions that arise from the complex subject of executive compensation, and the individual questions do not exist in a vacuum. Rather, each element that determines executive compensation, such as the type of company and the country where it is located, affects every other element involved. The “gold standard” of executive compensation for many years has been the … [ Read more ]
Content: Article | Authors: Jordan Otten, Luis R. Gómez-Mejía, Pascual Berrone | Source: IESE Insight | Subject: Corporate Governance