The Ways of Compensation of Work for Senior Managers
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F18%3APU129261" target="_blank" >RIV/00216305:26510/18:PU129261 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Ways of Compensation of Work for Senior Managers
Original language description
The article is based on the results of the previous questionnaire survey, which deals with the remuneration of senior managers in selected businesses. One of the concepts of value approach is the indicator of economic added value (EVA). This approach focuses primarily on the wealth of its owners, but management cannot be subject to just one goal and other stakeholders have to be taken into asccount. The essence is the maximization of value for the owners, which consequently colesy relates the growth of the benefit to other stakeholders (even managers). Manager's evaluation is a very specific part of the overall remuneration system, as their performance cannot always be optimally linked to measurable indicators. The consequences of their decisions can often be seen only after a few years, and therefore the determination of optimal scales is more than important. If managers were to be ranked solely on the basis of the company's business reslts, how can it be that the external factors that affect not only the business itself but also the entire segment or industry can reflected in the amount or the reward? Effective rewarding managers is therefore a specific issue for the entire economy. This article present possible ways of evaluating managers and linking the amount of their remuneration to measurable indicators in an enterprise.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
10700 - Other natural sciences
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Global Business Conference 2018 Proceedings - Developing New Value-Creating Paradigms
ISBN
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ISSN
1848-2252
e-ISSN
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Number of pages
269
Pages from-to
113-122
Publisher name
Neuveden
Place of publication
Dubrovník, Chorvatsko
Event location
Dubrovnik
Event date
Sep 26, 2018
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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