CEO Skill and Excessive Pay: A Breakdown in Corporate Governance?
A high salary doesn’t necessarily mean that a CEO is more competent than his or her peers, say researchers. And the pattern of job effectiveness not matching pay levels seems to affect more CEOs of large firms than small ones.
Content: Article | Authors: Lewis Kornhauser, Robert Daines, Vinay B. Nair | Source: Stanford University | Subject: Corporate Governance