ESTRUCTURA DEL PLAN DE REMUNERACIÓN DE EJECUTIVOS DE COMPAÑÍAS ABIERTAS DE BRASIL
DOI:
https://doi.org/10.19094/contextus.v14i1.795Palabras clave:
Plan de compensación. Hipótesis incentivo. Agencia teoría. Agencia de conflicto de intereses de alineación.Resumen
Este estudio tiene como objetivo mostrar la estructura del plan de compensación de las empresas brasileñas, identificar si los incentivos que se ofrecen a los administradores ayudan a minimizar el conflicto de agencia entre las partes. Un plan de compensación bien estructurada ayuda a la alineación de intereses entre principal y agente. El estudio secaracteriza por ser descriptiva, documental y cualitativa. Se analizaron las formas de referencia de 291 empresas que cotizan en bolsa que proporcionaron información sobre la compensación ejecutiva en los años 2011 y 2013. Más de la mitad de las empresas adoptar pague a corto plazo y pocas empresas indemnice post-empleo a sus ejecutivos. Estos factores contribuyen a los ejecutivos para maximizar sus propios intereses, dañando los intereses del principal en el largo plazo. Llegamos a la conclusión de que los planes de remuneración de las empresas públicas en Brasil facilitan la manipulación de la información, teniendo en cuenta que muchos de remuneración a corto plazo y la remuneración basada en las cifras contables.
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