'Controlling & Rewarding Managers'
14th May 2004
IPEG, in association with 'Competition & Change', hosted an International Workshop on 'Controlling & Rewarding Managers' in May 2004. Details of contributors and their presentations can be found below.
Session 1
- Paul Myners (Chairman, Guardian Media Group) - Keynote Address
- Alan McDougall (Managing Director, PIRC) - 'Ten years have gone: executive remuneration & governance reform'
- Robert Boyer (CEPREMAP, Paris) - 'Changing forms of controlling management: from an economic theory of incentives towards a socio-political analysis of shifting alliances'
- Discussant: Grahame Thompson (Open University)
Session 2
- Ismail Erturk, Julie Froud, Sukhdev Johal & Karel Williams (MBS, MSM, MSAF, Royal Holloway) - 'Pay for corporate performance or pay as social division: rethinking the problem of top management pay in giant corporations'
- Tony Cutler & Barbara Waine (Royal Holloway) - 'Incentivising the poor relation: risk, performance & public sector pay'
- Discussants: Andrew Pendleton (MMU) & Gerry Stoker (IPEG)
Session 3
- Susanne Espenlaub, Kostas Stathopoulos & Martin Walker (MSAF) - 'How does management compensation respond to exceptional performance?'
- Jana Fidrmuc (Erasmus University, Rotterdam), Marc Goergen (MSM & ECGI), Luc Renneboog (Tilburg University & ECGI) - 'Directors' share dealings & corporate control'
- Discussants: Christine Mallin (University of Birmingham) & Jill Solomon (University of Cardiff)
Session 4 - Panel Discussion
- Chair: Mike Emmerich (IPEG)
- John Kingman (HM Treasury)
- Daniel Summerfield (Universities Superannuation Scheme Ltd) 'Executive Compensation: General weaknesses in remuneration systems and practices which generally provide inappropriate and inadequate incentives for directors'
- Iain Richard (Morley Fund Management)