A Real World Critique of Pay without Performance
affiliation not provided to SSRN
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.
Number of Pages in PDF File: 10
Keywords: Executive compensation, pay without performance, Boards, corporate governance
JEL Classification: G30, J33, J44, K22
Date posted: December 13, 2005