CEO pay at the crossroads of Wall Street and Main: Toward the strategic design of executive compensation
探讨了绩效薪酬计划如何平衡股东问责与长期决策的压力，提出通过将公司战略与基于适当绩效标准的激励计划相结合来管理这种张力。
Executive Overview Incentive or performance contingent compensation plans are rapidly becoming the norm in corporate America, as boards of directors attempt to make executives more accountable to shareholders. However, incentive plans also expose executives to risk, and may also impart a short-term bias on their decision-making processes. This article suggests that the tension between the pressures for accountability and long-term decision making can be managed by aligning firm strategy with an incentive plan that is based on an appropriate performance criteria.