(Re)-Structuring the CEO's Compensation-the Case of Israel

• Autorzy: Katarzyna Mroczek-Dąbrowska , Yaron Shemesh
• Języki publikacji: EN

Abstrakty

EN

The executive compensation issue continues to cause protest due to the increasing number of cases of an unjustifiably high level of pay. The main conflict arises from the misalignment of interests between the short-term expectations of the manager and long-term needs of the shareholders. Since there are no universal rules on how to price the executive performance companies reach for different means of establishing the CEO's compensation and ascertaining manager's commitment towards maintaining a company's value. The issue becomes more complex once the compensation rules are not a direct effect of the market power game but are additionally restricted by government. The aim of the paper is to discuss corporate government policies introduced in Israel and their impact on executive compensation level and structure. Israel is amongst those countries that partially regulate CEO compensation and thus the Israeli experience can add to the understanding of the effectiveness of modern corporate governance. (original abstract)

Słowa kluczowe

EN

Board of directors; Remuneration; Remuneration for work; Reports on wages; Tax gap; Corporate governance

PL

Zarząd; Wynagrodzenia; Wynagrodzenie za pracę; Raporty o wynagrodzeniach; Luka podatkowa; Ład korporacyjny

• Czasopismo: Economics and Business Review
• Rocznik: 2020
• Tom: 6 (20)
• Numer: nr 3
• Strony: 105--117

Twórcy

autor

Katarzyna Mroczek-Dąbrowska

• Poznań University of Economics and Business, Poland

autor

Yaron Shemesh

• Poznań University of Economics and Business

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Identyfikatory

DOI

10.18559/ebr.2020.3.6