Chief executives of the largest US corporations receive multi-million-dollar salaries with stock options and bonuses tied to company performance. In “Indispensable and Other Myths: Why the CEO Pay Experiment Failed and How to Fix It,” corporate law professor Michael Dorff debunks the justifications behind enormous compensation packages, saying there is no evidence that performance pay motivates CEOs and that they have far less influence on corporate results than is commonly thought.
CEO Pay
