Resources
We conduct original research on the causes of short-term business decisions and work to find practical solutions.
Incentive Alignment | Report
8 March 2021 - The Risk of Rewards presents practical approaches that companies and their investors can use to frame their decisions about corporate executive remuneration to support long-term value creation
Governance, Incentive Alignment | Toolkit
8 March 2021 - These tools empower companies to tailor long-term remuneration by replacing some elements now, reflecting on their long-term needs, and finally by using key decisions to redesign pay packages
Incentive Alignment | Article
27 August 2020 - Some long-term investors are ready for companies to depart from the pay-for-performance status quo, but the jury is still out on the method that many of them are considering as a replacement.
Governance, Incentive Alignment | Article
17 August 2020 - FCLTGlobal researchers sat down with MIT Senior Lecturer Robert Pozen to discuss potential ways to implement a change in corporate pay.
Incentive Alignment | Article
28 July 2020 - FCLTGlobal will research new ways in which short-term, status-quo compensation practices can be restructured to enhance long-term value creation.
Incentive Alignment, Mandates | Article
30 January 2020 - Ontario Teachers’ scales several long-term mandate provisions across the fund and pilots many others.
Incentive Alignment | Video
28 January 2020 - From the EY panel at the World Economic Forum Annual Meeting in Davos, FCLTGlobal CEO Sarah Keohane Williamson discusses 4 "levers" to move from short-term to long-term thinking.
Incentive Alignment, Mandates | Article
24 January 2020 - MFS takes action on the order of data, references to benchmarks, and inclusion of turnover.
Incentive Alignment | Article
23 September 2019 - “You get what you pay for.” When it comes to executive pay, the old adage holds true. Companies’ compensation committees typically evaluate their CEOs, like any employee, based on performance benchmarks, and like every employee CEOs will work to hit the benchmarks they are measured against. Because incentives drive behavior, poorly designed incentives can precipitate poor choices. Recent studies have shown that such benchmarks, and corresponding compensation packages, are incentivizing short-term decision-making at many of today’s public companies. To dig deeper into the issue and workshop possible...
Incentive Alignment | Press Release
5 December 2017 - Boston, MA, December 5, 2017– FCLTGlobal, a not-for-profit organization that advocates for a longer-term focus in business and investment decision-making, has released its newest publication which presents a long-term model for drafting investment management contracts between asset owners and managers. The white paper, Institutional Investment Mandates: Anchors for Long-term Performance, discusses the status quo of such mandates and how the terms and conditions included can affect, either positively or negatively, long-term behaviors and investment partnerships. The research includes a “Top Ten” list of key components of long-term oriented mandates,...