Over the past few weeks I have noticed something interesting. A number of people I know are cancelling their subscriptions to various data and information feed as well as a few information related forums I know of. Their rationale is that they have grown tired of waiting for the market. If I didnt know better…
Surprise, surprise…the more they get paid the more damage they do to shareholders. Abstract: In this paper we examine the agency costs of seemingly excessive pay awards to CEO’s within the FTSE 100 in the last decade. Are CEOs taking a large proportion of the total pot (a big “pay slice”) more, or less, able…
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