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September 25, 2023

give this man a golden parachute

Don’t Cut CEO Pay For Bad Performance or the CEO Might Cheat

Slashing a CEO’s compensation after a company produces disappointing financial results may help improve earnings for a time, but it can also encourage earnings manipulation, according to a new study. The study, which was presented at last month’s annual meeting of the American Accounting Association, acknowledged that some prior academic research has found company performance […]