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Executive compensation, especially in the financial sector, has long been the hot topic for debate. It recently got highlighted once again due to the global financial crisis that showed up as early as in 2008. The outcry is due to the existence of large proportion of performancebased compensation that encourages executives to take high risks in order to generate shortterm profits, disregarding firms future vulnerabilities. The finding showed no formal evidence for above hypothesis although many researchers argued in favor of some sort of executive compensation regulation based on accepted Principles. The book provides insight to the issues like: reason for excessive rise in executive compensation and its relation with risktaking behavior; principles for executive compensation regulation and global response, with emphasis on Nepal (the blunder of Nepalese regulator, the Central Bank, and need for immediate revocation); and the way forward. The book may be important for students, scholars/professionals, and anyone interested in this field for policyadvocacy purpose. Policy makers, regulators, and government authorities will find it helpful in the decisionmaking process.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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