Executive compensation has become a focal point for growing stakeholder scrutiny, resurgent principal-agency problems, and general excess. Reviewing the complexity of the argument on both sides reveals three key challenges for compensation schemes: 1) the absolute level of remuneration, 2) its linkage to performance, and 3) governance process to set and manage compensation. Working through these challenges is often a complex issue, especially when there is validity in the challenges and arguments on both sides.
Rethinking strategy for the net zero transition
Transitioning the world to net zero will require rewiring the global economy to function with carbon emissions as a constraint. The changes needed across...