Best Practices in Incentive Compensation from the Perspective of Value-based Management

Dinu Eduard and Costin Ciora

The AMFITEATRU ECONOMIC journal, 2012, vol. 14, issue 31, 273-285

Abstract: As a consequence of the recent global financial crisis, the current economic environment emphasized the weak correlation between company performance and the incentives received by the management staff. Therefore, the existence and consistent implementation of best practices regarding the propelling of the management staff through incentives can lead to a tenable company development. The purpose of this article consists in studying existing methods of incentive granting from a value management perspective and in suggesting some alternatives that could be used by companies during a volatile period characterized by financial economic challenges.

Keywords: best practices; incentive granting; value management; economic value added (search for similar items in EconPapers)
JEL-codes: G01 G30 G35 J33 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:aes:amfeco:v:14:y:2012:i:31:p:273-285

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