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Michael C. Jensen,Kevin J. Murphy

CEO Pay And What to Do About It: Restoring Integrity to Both Executive Compensation And Capital-market Relations

CEO Pay And What to Do About It: Restoring Integrity to Both Executive Compensation And Capital-market Relations

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Format: Hardback
Length: 256 pages
Publication date: 01 October 2020
Publisher: Harvard Business School Publishing

Proposes that pay packages can be too high and too risk-free, causing otherwise highly talented managers to act in ways that destroy corporate value. This book identifies the critical missing link in incentive plans, link between a manager's effectiveness in executing strategy and the capital market's valuation of the results.


Dimension: 235 x 156 (mm)
ISBN-13: 9781422101179

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