Executives Cash In, Regardless of Performance
Seems the higher executive pay is drawing some more ire...
"Even though the escalation of pay has often been justified as necessary, when you look at the details, that is not the case, because much of the pay is not all that sensitive to performance," said Harvard Law School professor Lucian A. Bebchuk, author of the new book "Pay Without Performance."
"Our view is that pay is much less connected to performance than investors commonly recognize," he said.
Washington Post: Executives Cash In
Executive Pay Draws Ire
"Even though the escalation of pay has often been justified as necessary, when you look at the details, that is not the case, because much of the pay is not all that sensitive to performance," said Harvard Law School professor Lucian A. Bebchuk, author of the new book "Pay Without Performance."
"Our view is that pay is much less connected to performance than investors commonly recognize," he said.
Washington Post: Executives Cash In
Executive Pay Draws Ire
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