Monday, May 15, 2006

Overpaid CEOs?

Richard Posner and Gary Becker have posted their respective views on whether CEOs are overpaid.

The sort answer: It depends on the CEO.

[One item that is often overlooked in the news stories about some failing CEO who is given a fat severance package is that those packages are negotiated at the beginning, not the end, of the relationship; in other words, when the company is trying to lure the person on board.]

1 comment:

Anonymous said...

Nice colors. Keep up the good work. thnx!