Utformning och effekter av incitamentsprogram

Syfte och mål

The Data Center of the Swedish House of Finance and Nordic Investor services have collaborated to create a database of executive compensation contracts for all Swedish publicly traded firms from 2006 to 2016. The database provides a unique snapshot of the compensation structure of the top management of the country.

Resultat och förväntade effekter

The collaboration has been extremely successful and the database has been completed as expected. The database contains variables classified in 6 categories. Category 1: Company, organisation number, name, industry and sector of the company. Category 2-3: CEO, employment and holdings of financial instruments in company. Followed by Management Group. Category 4: Remuneration, shows remuneration to CEO/management group for each year. Pension and severance pay for the CEO. Category 5-6: Variable Cash pay, show structure to cash based variable program. Long term incentive program.

Upplägg och genomförande

The database was planned and structured carefully in an initial exploratory phase. The database was built through an iterative process to make it registration-and user friendly. 1-3 analysts worked part-or full-time from 2015 under uniform management and quality control, with regular feedback between NIS/SHOF to ensure a common interpretation of methodology and result. The collection shifted from collecting data across companies foreach year, to collecting each company across years. The change in process resulted in more efficient collection of the data.