Business & Economics Books:

Pay without Performance

The Unfulfilled Promise of Executive Compensation

Format

Paperback / softback

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Pay without Performance by Lucian Bebchuk
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Description

The company is underperforming, its share price is trailing, and the CEO gets ...a multimillion-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. "Pay without Performance" presents a disconcerting portrait of managers' influence over their own pay - and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders.

Author Biography

Lucian Bebchuk is Professor of Law, Economics, and Finance and Director of Program on Corporate Governance at Harvard Law School. Jesse Fried is Professor of Law and Co-Director of the Berkeley Center for Law, Business, and the Economy at the University of California, Berkeley.
Release date NZ
September 29th, 2006
Country of Publication
United States
Imprint
Harvard University Press
Pages
304
Dimensions
155x235x19
ISBN-13
9780674022287
Product ID
2066435

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