8 Pages Posted: 14 Dec 2005
Date Written: December 2005
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 discusses the book and the problems of executive compensation from the perspective of institutional investors.
Keywords: Executive compensation, pay without performance, Institutional investors
JEL Classification: G30, J33, J44, K22
Suggested Citation: Suggested Citation
By Kevin Murphy