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August 30 2013

Paying CEOs Top Dollar for Poor Performance

Paying CEOs Top Dollar for Poor Performance
http://www.thenation.com/blog/175950/paying-ceos-top-dollar-poor-performance

These cases of gross overcompensation for poor performance seem exceptional, but in fact they’re representatives of a trend. A twenty-year review released today by the Institute for Policy Studies found that the records of nearly 40 percent of America’s top-earning executives include leading their firms to bankruptcy, government bailouts, fraud-related fines and settlements, and their own firing.

http://www.thenation.com/sites/default/files/user/248866/ee13_graphic_-_poor_performers_aug_16_report_copy.png
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