Company performance and executive pay – the weakest link
A survey of NZX-listed companies shows little relationship between pay for CEOs and returns for shareholders.
In 2009 researchers from the universities of Utah and Purdue looked at the relationship between the incentive pay of chief executives and the performance of their companies.
The finding?
“Firms that pay their CEOs in the top 10% of pay earn negative abnormal returns over the next five years
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Tim Hunter
Thu, 21 Dec 2017
Thu, 21 Dec 2017
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Company performance and executive pay – the weakest link
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