The market – what market? London’s big bang reward consequences, myths and morality

Authored by: Brian J. Dive

The Routledge Companion to Reward Management

Print publication date:  November  2018
Online publication date:  November  2018

Print ISBN: 9781138294264
eBook ISBN: 9781315231709
Adobe ISBN:

10.4324/9781315231709-30

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Abstract

The controversial escalation of executive remuneration levels is placed in a long-term context. Its origins and drivers are critically appraised, informed by the author’s personal experience operating in large corporate settings internationally for more than four decades. Inadequate corporate governance, flawed logic and techniques for determining ‘the market’ and ‘performance’ for executive reward are exposed, along with attendant ‘myths’, and redress is called for.

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