Exorbitant CEO pay is linked to firm performance: but CEOs are rewarded more for good performance than they are punished for failure

Bell, B. (2011). Exorbitant CEO pay is linked to firm performance: but CEOs are rewarded more for good performance than they are punished for failure.
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The Occupy movement has brought attention to top CEOs as never before. Many are concerned that this pay is not linked to firm performance. Brian Bell from the LSE’s Centre for Economic Performance finds that while CEO pay is in fact linked to performance,most workers do not see similar increases when firms perform well

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