When CEO pay exploded (update)
Planet Money
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CEO Compensation: Performance Pay and Political Backlash
This chapter explores the controversies surrounding CEO compensation, particularly the disconnect between pay and company performance. It details the shift toward performance-based pay and stock options in the context of 1990s tax code changes and discusses the political implications of rising executive pay. The chapter highlights the backlash against accounting reforms aimed at regulating stock options and the broader economic consequences for shareholders.
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