Executive Remuneration Research Centre
Why this Executive Remuneration Research Centre?
Executive Remuneration: A Highly Relevant Corporate Governance Topic!
More than ever, there are important challenges to be faced in the field of executive remuneration, including its decision making (e.g. say-on-pay, role of the remuneration committee, consultants), its design (e.g. share-based remuneration, bonus deferral, benchmarking), and its disclosure (e.g. remuneration report). To respond to these challenges, Vlerick Business School has established the Executive Remuneration Research Centre.
Organisations that are part of the Executive Remuneration Research Centre will be able to develop effective remuneration policies and systems for executives (national and international perspective) embedded in the institutional and firm-specific contexts, and will have access to benchmarks, business testimonials & practices, experience exchange, concepts and tools and field research on executive remuneration.
Objectives of Executive Remuneration Research Centre
The Executive Remuneration Research Centre’s main objective is to develop knowledge (databases, research, business testimonials and cases) which should help firms and their boards with the design and implementation of remuneration systems which enhance sustainable value creation, while at the same time enabling the firm to attract, retain and motivate the right executives.
Expertise within the Executive Remuneration Research Centre
The aim of this centre is to develop academically valid and practically relevant research on the following subjects: design of performance-related remuneration; selecting key performance indicators to be included in incentive systems; ethical aspects of executive remuneration; benchmarking; the decision-making process and the role of the different actors in this field (shareholders, board, remuneration committee, CEO, HRM, finance), remuneration reports, etc. The centre has developed a database on CEO and CFO remuneration which is updated yearly and which included remuneration data of all listed firms in Belgium, France, Germany, the Netherlands, and the United Kingdom. The Executive Remuneration Research Centre is the gateway to applied academic know-how and business practice in the field of executive remuneration policies, practices and trends.
Prime Foundation Partner
- AB Inbev
- Delhaize Group
- Etex Group