10 Pages Posted: 13 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 offers a critique of the book's statement of the problems of executive compensation as well as of the book's proposed solutions.
Keywords: Executive compensation, pay without performance, Boards, corporate governance
JEL Classification: G30, J33, J44, K22
Suggested Citation: Suggested Citation