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Designing CEO Pay to Drive "Good" Behavior

Harvard Business Review

companies receive more than half of their annual pay value in long-term incentive — typically equity — compensation. In Europe, that long-term incentive makes up roughly one-third of the pay. For long-term incentive plans, the dominant measure is total shareholder return (TSR).

TSR 10
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Don't Blame Your Company's Poor Performance on Its Industry

Harvard Business Review

It was just lousy timing if you happened to be in one of these industries, which were all in the bottom quartile of total shareholder returns (share price change plus dividends paid) in the 10 years through 2012. Indeed, our study shows that the biggest variations in TSR are not between industries but within them. Perhaps by a lot.

TSR 8