Slashdot Mirror
Highest-Paid CEOs Run Worst-Performing Companies, Research Finds (independent.co.uk)
An anonymous reader writes from a report via The Independent: According to a study carried out by corporate research firm MSCI, CEO's that get paid the most run some of the worst-performing companies. It found that every $100 invested in companies with the highest-paid CEOs would have grown to $265 over 10 years. However, the same amount invested in the companies with the lowest-paid CEOs would have grown to $367 over 10 years. The report, titled "Are CEOs paid for performance? Evaluating the Effectiveness of Equity Incentives," looked at the salaries of 800 CEOs at 429 large and medium-sized U.S. companies between 2005 and 2014 and compared it with the total shareholder return of the companies. Senior corporate governance research at MSCI, Ric Marshall, said in a statement: "The highest paid had the worse performance by a significant margin. It just argues for the equity portion of CEO pay to be more conservative."
Private property is dead labor strangling living labor. Forward to socialism! For a workers America!
UNITE with the Campaign for a Free Internet because today, our future begins with tomorrow!
No - no, it could NOT be! Those zero-sum *whackos* got to Slashdot too! It's not true I tell you - everything is a positive sum game, where you more you reward the rich and *deserving*, the more resources just *exist* to better serve the sheer excellence of the intentions of those in the market!
Entropy is a lie! Hope must win! If we only *trust* in the market enough, it WILL provide! Rational skepticism will only doom us all!
And with enough sarcasm, I might *just* be able to express how little a surprise this but of news is!
Ryan Fenton
It's obvious you didn't work for HP when Carly Fiorina came on board. A single person can destroy a company (or at least set all the triggers in motion so the organisation destroys itself).
The mountains of madness have many little plateaus of sanity - Terry Pratchett.
Knowledge = power.
Power = work / time, and time is money.
So knowledge = work / money.
The more you make the less you know.
Proof that CEOS shouldn't get paid so much.
Somebody needs to loan you some money so you'll get the joke.