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The share of managerial remuneration in the form of stock options and bonuses has also been increased, with the aim of aligning the interests of managers more closely with those of shareholders.
For instance, consider special tax law provisions regarding severance payments compared to other forms of managerial remuneration.
There is also evidence of moderation in managerial remuneration in firms that have large shareholders (Dyl 1988; Hambrick and Finckelstein 1995).
The result is embedded in a multilateral tax framework that considers three types of taxation simultaneously: taxation of managerial remuneration, firm level deductibility of stock option plan costs, and capital gains taxation at the shareholders' level.
Similar(56)
We show that the relative seniority of debt and managerial compensation has important implications for the design of remuneration contracts.
Owing to the standardized nature of the services, the work of individual professionals can be controlled comparatively easily, and contingent remuneration is thus less needed in the managerial governance configuration than in other PSFs.
Contrarily, remuneration (and salary in particular) was a significant motivator only for professionals in managerial positions.
Specifically in the nurses group, stronger motivation by remuneration aspects was associated with female gender, fewer years in service and occupying a managerial position, whereas in the doctors subgroup with female gender.
Remuneration (and salary in particular) was reported as a significant incentive only for professionals in managerial positions.
This study's respondents, however, emphasized the on-the-ground organisational and managerial factors, notably non-existent or unfunded mechanisms to foster health facility-CCW-NGO-community linkages, training practices, remuneration and other financing choices, and community and individual factors as major constraints for the engagement of NGOs and CCWs in collaborative TB/HIV/PMTCT activities.
Managerial 17.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com