Outdated executive pay methods prevail in Czech Republic, hindering progress.
The article looks at how senior executives in the Czech Republic are paid. They studied three main ways executives are paid: through stock programs, based on company value, or tied to company earnings. They found that most executives are paid based on company earnings, which is seen as old-fashioned. The researchers think this is because the stock market isn't very developed in the Czech Republic, and changing to value-based pay is complicated.