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Big Company CEOs Just Aren’t Worth What We Pay Them

It isn’t every day that academic research comes along to tell you something you really wanted to hear and that you suspected was the truth all along. In this case it’s about the long running debate around top executive pay.

A recent paper by J. Scott Armstrong of the Wharton School and Philippe Jacquart of France’s EMLYON, seem to have finally established that paying top dollar simply doesn’t get a better job done. And, in fact, it might actually get a worse one done.

via Big Company CEOs Just Aren’t Worth What We Pay Them.

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