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Resource ID: #20244
Subject: Financial Investigations
Source: Wall Street Journal (New York)
Affiliation: 
Date: 9-Apr-98

Description

The Wall Street Journal investigates the trend of "risk-free" compensation for chief executive officers. "CEOs were supposed to get top dollar only when they got top results," the report begins. "Now, many are getting top dollar no matter what the results." The article uses information from a survey conducted by William Mercer, Inc. for the WSJ, and finds salaries, bonuses, and especially stock options, are sending CEO compensation skyward, while at the same so-called "risk-free packages" are eroding the "linkage between pay and performance."

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