Superstar CEOs Suck
We find that award-winning CEOs subsequently underperform, both relative to their prior performance and relative to a matched sample of non-winning CEOs. At the same time, they extract more compensation following the awards, both in absolute amounts and relative to other top executives in their firms. They also spend more time on public and private activities outside their companies, such as assuming board seats or writing books.But they have to pay them so much or they will leave... Fine, let them
No comments:
Post a Comment
Not moderated but I do delete spam and I would rather that people not act like assholes.