The market failure approach to executive pay
Pepper, Alexander
(2022)
The market failure approach to executive pay.
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Thirty-five years of empirical evidence have failed to establish a strong link between executive compensation and firms’ financial performance. Sandy Pepper writes that it’s time to change the prevailing paradigm on executive pay. He says inflation in top pay is a “mad, bad system” and an important ethical problem.
| Item Type | ['eprint_typename_blog_post' not defined] |
|---|---|
| Departments | Management |
| Date Deposited | 18 Jan 2023 15:42 |
| URI | https://researchonline.lse.ac.uk/id/eprint/117458 |
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ORCID: https://orcid.org/0000-0003-4927-809X