Key Takeaways CEO pay is at an all-time high with the median S&P 500 CEO pay of $16.4 million and 11% increase from the previous year for Russell 3000, driven largely by increases in long-term incentive pay; Both the value and prevalence of CEO security perquisites increased sharply among S&P 500 companies, underscoring the increased […]| The Harvard Law School Forum on Corporate Governance
CEO pay is supposed to encourage good decisions and stronger performance. However, a new study from Virginia Tech suggests that a popular pay model may have the opposite effect. The study finds that value-based equity grants—where executives get a fixed dollar amount of stock—can reduce motivation, discourage risk-taking, and lead to less innovation. The researchers […]| The Horizons Tracker