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Did you read the article? The objective was to prove or disprove the Jensen thesis that CEO compensation should be tied to gains in stock price because CEOs aff
by yborg 8y ago
Did you read the article? The objective was to prove or disprove the Jensen thesis that CEO compensation should be tied to gains in stock price because CEOs affect stock price. They were NOT attempting to answer the question of whether or not CEO quality and compensation affects the success of their underlying businesses.
- darawk 8y agoDid you? They were attempting to do both. I specifically called out that it was a legitimate way to do analyze the compensation issue.