Pay without Performance: The Unfulfilled Promise of Executive Compensation

by Lucian A Bebchuk (Author)

• New

  Paperback
  2006

  $35.81

  The company is underperforming and the CEO gets ... a multimillion-dollar raise. Demonstrating that the flaws in corporate governance have produced distortions in executive pay, this book looks at the managers' influence over their own pay - and of a system that must change if firms are to be managed in the shareholders interest of shareholders.