Turns out you can over reward the boss: Tell a dude he's a super star, reward him as such, and he starts to think he can't go wrong. Whocouldaknowed?
These guys claim over payment and ego-fellation of CEOs costs the highest paying 10% of American corporations an estimated $1.4 billion in lost shareholder value due to feeding general idiocy. Oops.
CEO Pay inversely related to performance
-
Arathena
- kNight of the Sun (oxymoron)
- Posts: 1622
- Joined: Fri Dec 20, 2002 4:37 pm
CEO Pay inversely related to performance
Archfiend Arathena Sa`Riik
Poison Arrow
Poison Arrow
-
Ddrak
- Save a Koala, deport an Australian
- Posts: 17516
- Joined: Thu Jan 02, 2003 3:00 pm
- Location: Straya mate!
- Contact:
Re: CEO Pay inversely related to performance
Yeah, this isn't surprising at all. The best CEOs seem to be the ones that are smart enough to know they don't know everything, but strong enough to push back on corporate group-think where necessary. You're not going to find that balance at the high end of pay without being very lucky.
Dd
Dd
