Goldilocks in the Corner Office

Wirtz, Ronald A.
December 2006
Region (10453369);Dec2006, Vol. 20 Issue 4, p22
Trade Publication
The article discusses the compensation mechanism for chief executives officers from economic perspective. Though some economists claim that huge compensation package received by CEOs is inefficient, the lucrative compensations system aligns the interest of CEO with those of the shareholders. Arguments on the correlation between huge CEO pay check and corporate performance are presented.


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