There's an opinion that the board should compensate senior management for helping the firm achieve its goals. It is up to the board of directors to decide on annual incentives depending on the company's share price. Rather than cash, managers will get bonuses in the form of stock, which they may either retain or sell. What are the long-term consequences of this bonus programme?

There's an opinion that the board should compensate senior management for helping the firm achieve its goals. It is up to the board of directors to decide on annual incentives depending on the company's share price. Rather than cash, managers will get bonuses in the form of stock, which they may either retain or sell. What are the long-term consequences of this bonus programme?

Information Technology Project Management

9th Edition

ISBN:9781337101356

Author:Kathy Schwalbe

Publisher:Kathy Schwalbe

Chapter11: Project Risk Management

Section: Chapter Questions

Problem 4E

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