Rewarding Value  

Oleh:

Colvin, Geoff

Jenis: Article from Bulletin/Magazine
Dalam koleksi: Fortune vol. 157 no. 8 (Apr. 2008), page 16.
Topik: CEO; Profits; Political Climate; System; Mortgage

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: FF16.36 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

You might suppose that the stars are in near perfect aligment for major reform of CEO pay. The mammoth pay and disastrous performance of Countrywide Financial's Angelo Mozilo, Citigroup's Chuck Prince, and Merill Lynch's Stan O'Neal should be enough to make the public furious. Each CEO with $100-million plus compesation after misadventures with subprime mortgages. Now add the economic slowdown to the mix; ordinary Americans are worried about making ends meet while failed pooh-bahs rake it in. Then throw in one more element-a presidental election. Put it all together, and how could change not be imminent? The answer is that whatever remedies reformers enact, corporate bords can always find a way to pay the boss whatever they like.

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