How to Gauge a C.E.O.’s Value? Hint: It’s Not the Share Price
Everybody knows that chief executives receive bounteous pay as a matter of course. Less discernible, though, is who actually earned their pay the most by increasing the value of the companies they run by a commensurate amount. Such performers are not to be confused with executives who work to propel their company’s stock price.
The most common performance metrics used by companies can be problematic. … [ Read more ]
Content: Article | Author: Gretchen Morgenson | Source: The New York Times | Subject: Corporate Governance