财务会计理论(司可脱)PPT文件10_scott_im_ch10.pptVIP

CHAPTER 10Executive Compensation Reporting On Manager Performance A Second Major Role For Financial Reporting Two Aspects of Reporting On Manager Performance Enable the Managerial Labour Market to Properly Value Manager Performance and Reputation Provide a Performance Measure for Managerial Incentive Contracts Manager “Effort” Manager Effort Really a Set of Activities Partition the Set Into Short-Run and Long-Run Decision Horizon Activities Short-run activities example Cost control Long-run activities examples RD, planning, capital expenditures Desirable Property of a Managerial Performan