Tying Pay to Performance

John Hennessy, Stanford University

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During the 2008/2009 era of the government bailout of the banks, Stanford President John Hennessy strongly suggests that executive compensation should be directly tied to measurable performance in any enterprise. He points to current research that found that the best performing companies on Wall Street - even during this stifling climate - have CEO's whose earning are tied to measurable profitability.

Feb 18, 2009

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