Managers' Pay to Be Tied to the Long Term Results

Managers' Pay to Be Tied to the Long Term Results

Designing an efficient compensation method for the managers of a business is a key element in ensuring a healthy ownership transition when a firm is sold, according to a new paper by Moritz Hiemann of Bocconi’s Department of Accounting which will be published in the November 2023 issue of The Accounting Review under the title “Accrual Accounting in Performance Measurement and the Separation of Ownership and Control”.