자료유형  

 단행본

International Standard Book Number  

9780520958593 (electronic bk.)

International Standard Book Number  

0520958594 (electronic bk.)

Library of Congress Call Number  

HD4965.5.U6-.D67 2014eb

Dewey Decimal Classification Number  

658.4/072-23

Main Entry-Personal Name  

Dorff, Michael , 1970-

Publication, Distribution, etc. (Imprint  

Berkeley : University of California Press, c2014

Physical Description  

1 online resource.

Bibliography, Etc. Note  

Includes bibliographical references and index.

Formatted Contents Note  

완전내용Introduction -- The puzzles of CEO compensation -- The corporate personality myth -- Market mythology -- Incentives mythology -- Performance pay mythology -- Causation mythology -- Predictability mythology -- Alignment mythology -- Moving forward.

Summary, Etc.  

요약Prodded by economists in the 1970s, corporate directors began adding stock options and bonuses to the already-generous salaries of CEOs with hopes of boosting their companies' fortunes. Guided by largely unproven assumptions, this trend continues today. So what are companies getting in return for all the extra money? Not much, according to the empirical data.In Indispensable and Other Myths: Why the CEO Pay Experiment Failed and How to Fix It, Michael Dorff explores the consequences of this development. He shows how performance pay has not demonstrably improved corporate performance and offers studies showing that performance pay cannot improve performance on the kind of tasks companies ask of their CEOs. Moreover, CEOs of large established companies do not typically have much impact on their companies' results. In this eye-opening exposé, Dorff argues that companies should give up on the decades-long experiment to mold compensation into a corporate governance tool and maps out a rationale for returning to the era of guaranteed salaries.

Subject Added Entry-Topical Term  

Chief executive officers Salaries, etc

Subject Added Entry-Topical Term  

Executives Salaries, etc. United States

Subject Added Entry-Topical Term  

Compensation management United States

Subject Added Entry-Topical Term  

BUSINESS & ECONOMICS / Industrial Management.

Subject Added Entry-Topical Term  

BUSINESS & ECONOMICS / Management.

Subject Added Entry-Topical Term  

BUSINESS & ECONOMICS / Management Science.

Subject Added Entry-Topical Term  

BUSINESS & ECONOMICS / Organizational Behavior.

Additional Physical Form Entry  

Print versionDorff, Michael, 1970- Indispensable and other myths. Berkeley : University of California Press, c2014 9780520281011

Electronic Location and Access  

로그인을 한후 보실 수 있는 자료입니다.

Control Number  

joongbu:427507