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Corporate Culture and the Problem of Executive Compensation

Arthur Levitt Jr.
Independent Author

December 2005

Abstract:
This paper is based on the author's comments at the Columbia University Symposium on Bebchuk and Fried's "Pay without Performance: The Unfulfilled Promise of Executive Compensation." The paper offers the author's perspective on the book and the problems of executive compensation raised in it.

Keywords: Executive compensation, pay without performance, Corporate culture

JEL Classifications: G30, J33, J44, K22

Working Paper Series

Date posted: December 12, 2005 ; Last revised: November 05, 2008

Suggested Citation

Levitt, Arthur, Corporate Culture and the Problem of Executive Compensation (December 2005). Available at SSRN: http://ssrn.com/abstract=868518

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Arthur Levitt Jr. (Contact Author)

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