THE REMUNERATION SYSTEM IN JOINT-STOCK COMPANIES
Keywords:
joint-stock company, remuneration, wages, incentives, bonus system, corporate governance, labor productivity.Abstract
This article analyzes the theoretical and practical aspects of the remuneration system in joint-stock companies. It examines forms of wages, incentive mechanisms, specific features of remuneration under corporate governance, and its relationship with labor productivity. In addition, scientific conclusions are presented on the directions for improving the wage system in the context of the modern economy.References
1.Smith, A. (1776). An Inquiry into the Nature and Causes of the Wealth of Nations. London: Methuen & Co.
2.Ricardo, D. (1817). On the Principles of Political Economy and Taxation. London: John Murray.
3.Brigham, E. F., & Houston, J. F. (2019). Fundamentals of Financial Management. Cengage Learning.
4.Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360.
5.Nobes, C., & Parker, R. (2016). Comparative International Accounting. Pearson Education.
6.Armstrong, M. (2020). Armstrong’s Handbook of Human Resource Management Practice. Kogan Page.
7.Dessler, G. (2020). Human Resource Management. Pearson.
8.Palii, V. F. (2003). Accounting Theory and Practice. Moscow: Finance and Statistics.
9.Sokolov, Y. V. (2000). Accounting: From Origins to Modern Times. Moscow.