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CEOs and value for money

Filed in archive executive pay by leon on July 3, 2006

CEOs and value for money
With all the attention focused on the average CEO in the United States earning 262 times the pay of the average worker and with stock option fiddles now in the news, accounting professor J Edward Ketz asks the obvious question: How valuable are CEOs?

"Some managers are indeed very good and provide great value to their corporations. I submit, however, that very few corporate executives deliver a billion dollars worth of incremental value. Perhaps it is time for society to review the outrageous salaries of today's business executives. Clearly, it is time for investors and managers of pensionlinks managers to ask whether there is value added to the corporation from these wealth transfers."

So how much is too much? And is there an appropriate level?






Permalink: CEOs and value for money
Tags: ceo  salaries  Edward  Ketz    corporate  ceos  ceos+value  value+money  hedge+funds 

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