To read the full version of this content please select one of the options below:

Performance criteria of corporate option and long‐term incentive plans: a survey of 150 UK companies 1994‐1998

Christopher Pass (University of Bradford Management Centre)
Andrew Robinson (University of Bradford Management Centre)
Damian Ward (University of Bradford Management Centre)

Management Decision

ISSN: 0025-1747

Article publication date: 1 March 2000

Abstract

A substantial number of companies now operate long‐term incentive schemes as a means of motivating executive directors to improve corporate financial performance and thus align their interests more closely with those of the company’s shareholders. This paper presents an empirical study of the option/long term incentive plans (LTIP) performance criteria used by a sample of UK companies to illustrate current practice and provides details of the importance of performance‐related remuneration in overall executive remuneration packages.

Keywords

Citation

Pass, C., Robinson, A. and Ward, D. (2000), "Performance criteria of corporate option and long‐term incentive plans: a survey of 150 UK companies 1994‐1998", Management Decision, Vol. 38 No. 2, pp. 130-137. https://doi.org/10.1108/00251740010317487

Publisher

:

MCB UP Ltd

Copyright © 2000, MCB UP Limited