In a Financial Times article on paying executives in the age of stakeholder capitalism, UNC Kenan-Flagler Business School Professor Camelia Kuhnen notes that performance-related packages can have negative consequences. “Research shows that if you give … people high-powered incentives, where pay depends significantly on what is achieved, it works against intrinsic motivation,” she said. “They lose their natural desire to do the right thing.” London Business School professor and Kenan Institute Distinguished Fellow Alex Edmans is also mentioned in the article.

• Keyword(s):
• labor 150
• stakeholder capitalism 57

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