Oxelheim, Lars (contributor); Wihlborg, Clas (contributor); … - 2008
Macroeconomic fluctuations affect corporations’ performance through demand and cost conditions. Incentive effects of … performance-based compensation schemes for management may be weakened or biased by macroeconomic influences if management is … macroeconomic fluctuations. The macroeconomic influences on performance and compensation can be expected to vary from firm to firm …