Best In Brief
Harvard Business Review: A matter of trust
Charles Handy
Summary: Douglas West University of Westminster
A Gallup poll has shown that 90% of Americans feel that people running corporations cannot be trusted to look after employee interests, and only 18% believe they look after their shareholders a great deal. Some 43% think senior executives are in it for themselves, and in Britain the figure is 95%. What has gone wrong? The stock option shoulders most of the blame. In 1980, only 2% of executive pay was tied to stock options, but now it is thought to...