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  • Rethinking Executive Incentives Can Boost ESG Performance

    Economic crises tend to have a disproportionate negative impact on employees rather than high-paid executives, whose incomes often increase even at the worst of times. The author proposes a new mechanism parity pills designed to be triggered by external shocks like pandemics and recessions, or internal factors like revenue declines or pay inequality thresholds that would ameliorate the effects on workers while upping the financial responsibility of CEOs.
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