Rewarding market-beaters
Article Abstract:
Property firms have had to devise ways of giving their top executives incentives yet the systems they have introduced need to be reexamined as they may lead to shareholders having to award directors large sums of money. Many firms are using longer-term incentive plans, where the director is given free shares which they are able to keep if the company has performed better than similar companies during a specified period. These schemes are often complicated. Share options are also used but can result in the directors receiving large payouts when the firm is not performing well.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Once bitten, twice shy?
Article Abstract:
Many UK banks are now offering to lend money to the property sector at rates which are very similar to those seen in the late 1980s, a period which was followed by a dramatic property market slump. However, a similar trend is unlikely to develop now. Most bank lending is now against revenue-producing investment properties, rather than developments, and very little funding is being made available for speculative development.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: