TITLE

FIVE COMMANDMENTS FOR PAYING THE BOSS

AUTHOR(S)
Tully, Shawn
PUB. DATE
July 2006
SOURCE
Fortune International (Europe);7/10/2006, Vol. 154 Issue 1, p51
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article argues that the executive compensation system in the U.S. is broken. The author argues that this becomes evident when looking at the gap between CEOs' fortunes in 2005 and the fact that shareholders returns the same year were close to zero. The author proposes that one way to fix the problem is to limit severance pay and eliminate bonuses when executives do not perform as expected.
ACCESSION #
21508395

 

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