Corporate Culture and the Problem of Executive Compensation
Arthur Levitt Jr.
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.
Number of Pages in PDF File: 10
Keywords: Executive compensation, pay without performance, Corporate culture
JEL Classification: G30, J33, J44, K22
Date posted: December 12, 2005