(Download) Pay without Performance: The Unfulfilled Promise of Executive Compensation
• Lucian Bebchuk •
#1512313 in eBooks 2004-11-22 2004-11-22File Name: B002JCSBGC
0 of 0 people found the following review helpful. Excellent, scholarly treatment of the issue of CEO compensation.By artClearly written account of the issue. Good references to the empiical literature and criticisms of market theories of CEO compensation.4 of 4 people found the following review helpful. This Fascinating Read Will Leave You Thinking ...By ROther reviewers have made many excellent points. I'll try to avoid duplicating their comments here...- This book is written by two law schoEver wonder if corporate executives are paid too much? Look at it this way: from 1993 to 2002, the aggregate compensation of the top five executives in all public companies amounted to an astonishing $250 billion, equivalent to 7.5% of all corporate earnings. Defenders of the status quo say that sThe company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholder... [PDF.wg62] Pay without Performance: The Unfulfilled Promise of Executive Compensation Rating: 3.62 (561 Votes)
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You easily download any file type for your device.Pay without Performance: The Unfulfilled Promise of Executive Compensation | Lucian Bebchuk.Not only was the story interesting, engaging and relatable, it also teaches lessons.
