Pay without performance

Bechuk, Lucian u.a.:

ISBN 10: 0674016653 / ISBN 13: 9780674016651

Verlag: Harvard Univ. Press Cambridge,, 2004

Beschreibung

278 ISBN: 0674016653 Sprache: Deutsch Gewicht in Gramm: 580 8° (22 - 25 cm), PBd. mit OU.;.;Zustand: 2, Altersentsprechend, gut erhalten, minimal berieben, ordentl. Zust.;

Bestandsnummer des Verkäufers 42424

Bibliografische Details

• Titel: Pay without performance
• Verlag: Harvard Univ. Press Cambridge,
• Erscheinungsjahr: 2004
• Sprache: Deutsch
• ISBN-10: 0674016653
• ISBN-13: 9780674016651
• Einband: Hardcover
• Zustand des Schutzumschlags: Schutzumschlag
• Gewicht: 580 Gramm
• Verkäuferkataloge:
  • Wirtschaft

Über diesen Titel

Inhaltsangabe

Provides a detailed account of how corporate boards have failed to negotiate with executives and how pay practices have decoupled compensation from performance, leading to practices that dilute manager incentives and hurt shareholders.

Críticas

In times both bullish and bearish, there is periodic outrage over huge compensation packages for executives at publicly traded companies. The recent wave of corporate scandals only inflamed concerns that companies' boards of directors, too cozy with CEO's, were betraying their duty to shareholders. Reacting, defenders of corporate America have often offered 'rotten apple' theories and other explanations that deny any systemic problem. Inadequate, say Lucian Bebchuk, a professor of law, economics, and finance at Harvard University, and Jesse Fried, a professor of law at the University of California at Berkeley. In "Pay Without Performance", the scholars uncover what they say are widespread, persistent, and indeed systemic flaws in compensation arrangements.--Nina C. Ayoub"Chronicle of Higher Education" (12/03/2004)