This chapter examines the rising trend of executive compensation in US corporations and its connection to corporate governance. It critiques governance reforms aimed at limiting pay, revealing how they have unintentionally contributed to its substantial growth since the 1990s, with specific references to cases like Tesla.
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Bryce Tingle, Business Law Professor at the University of Calgary, talks about the importance for companies to have rules, practices, and accountability to be effective. All in his book: Hard Lessons in Corporate Governance
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