Why CEO ‘Golden Parachutes’ Are A Bad Idea

PUBLICATION: CBS
AUTHOR:

DATE: January 13, 2012

The most useful question isn’t to ask whether CEOs are worth it. Although obviously there are tangible measures of an executive’s performance, such assessments are clouded by a host of subjective judgments. Better to consider whether the vast sums of money flung at corporate leaders do what it is intended to. And on that score there’s ample reason to think that golden parachutes fail the test.

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