Increased CEO compensation linked to decreased financial performance of firms
Wednesday, June 18, 2014 - 06:00
in Mathematics & Economics
(Phys.org) —New research in a study from the David Eccles School of Business at the University of Utah found that CEOs who receive higher incentive pay often lead their companies to decreased financial performance. Specifically, the study discovered that the highest paid CEOs earn significantly lower stock returns for up to three years.