The company's performance is subpar, its stock price is declining, and the CEO is reaping... multi-million dollar bonuses. As this book clearly demonstrates, structural flaws in corporate governance have produced costly distortions in executive compensation that have become widespread, pervasive, and deeply entrenched. Pay without Performance presents a disturbing picture of executive influence and their impact on their own pay-and of a governance system that is in dire need of radical change if companies are to be run in the best interests of shareholders.
Obeikan Publishing