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"The pay gap between chief executive officers of major U.S. firms and their workers is higher than ever before--depending on the method of calculation, CEOs get paid between 300 and 700 times more than the average worker. Such outsized pay is a relatively recent phenomenon, but ... few detractors truly understand the numerous factors that have contributed to the dizzying upward spiral in CEO compensation. Steven Clifford, a former CEO who has also served on many corporate boards, has a name for these procedures and practices: 'The CEO Pay Machine.' [This book] is Clifford's ... explanation of the 'machine'--how it works, how its parts interact, and how every step pushes CEO pay to higher levels"--
"The pay gap between chief executive officers of major U.S. firms and their workers is higher than ever before--depending on the method of calculation, CEOs get
Prodded by economists in the 1970s, corporate directors began adding stock options and bonuses to the already-generous salaries of CEOs with hopes of boosting t
Popular perceptions of executive compensation in the United States are now part of a full-blown mythology fueled by critics who have little direct experience wi
A sparkling debut that is “full of ambition and grit” (Emma Straub), Stephanie Clifford's Everybody Rise is a story about identity and loss, and how sometim
In this book proposes a whole new system for incenting managers to act in the best interests of company owners. Reversing his earlier position—that companies
