This is an English translation with new additions from the German book contribution “Krisensichere Leistungsmessung und Bonuspläne” in “Turnaround - Navigation in stürmischen Zeiten: Maßnahmen zur Krisenbewältigung und Auswirkungen auf die Rollen von CFOs und Controllern” by the...

Summary of findings from analyzing pay and performance for FTSE100 companies from 2009-2011 (3 years). Performance is measured by indexed Total Shareholder Return and indexed Operating Cash Flow Growth. CEO total realized pay is used as the proxy pay metric. The research findings were discussed...

Neither caps nor new regulations are the solution for excessive pay: the solution is indexing operating performance. The true culprit of excessive pay was neither ineffective governance nor bad bonus plans: it was excessive performance. To be fair, performance evaluations should differentiate...

In weekly intervals, the Swiss stock research firm Obermatt publishes the top 10 stocks in a stock index based on four different investment strategies. This report describes the results of a back testing of this method. It uses prior year year-end financials to identify top 10 stock tips for a...

There is widespread assumption that executives are greedy and that it is executive greed that has led to widespread spiralling executive pay. This paper offers an alternative explanation for today's extraordinary high levels of executive pay: Pay transparency.Pay transparency increases executive...

This essay proposes a framework for ESG executive compensation. It includes and integrates the common use of ESG Targets with the demonstrated advantages of Relative Performance Measurement, the credibility of ESG Rating Agencies, and the judicious use of after-the-fact Performance Evaluations....

Based on current say-on-pay voting patterns and empirical evidence for pay-for-performance in the largest 100 US companies, this paper argues that public and shareholder scrutiny of executive compensation will further increase. The result will be much more shareholder rejections of executive...

One of the core elements of corporate leadership – pay for performance – is soon to be paralyzed. But, as we propose here based on analysis of pay-for-performance of the FTSE100 companies, this mustn't be the case. If performance is measured relative to peers like in sports, executive...

This paper is a summary of the findings of analyzing pay and performance for the largest 100 companies from 2009-2011 (3 years). Performance is measured by indexed Total Shareholder Return and indexed Operating Cash Flow Growth. CEO total realized pay is used as the pay metric. The research...

The core problem of executive pay is neither shareholder votes on pay as discussed in the US and Switzerland, nor a multi-year assessment period as made mandatory in Germany by law. The core problem is non-indexed performance measurement which causes in-reversibly spiraling executive bonuses