I recall a study some years back on Australian CEO's of public companies and they found a negative relationship between pay and company performance. I tried to

I recall a study some years back on Australian CEO's of public companies and they found a negative relationship between pay and company performance. I tried to find the article to no avail. This article says no relationship between pay/performance but mentions many previous studies have found a negative correlation: http://www.sef.hku.hk/upload/faculty/42/officer-remuneration.pdf http://www.sef.hku.hk/upload/faculty/42/officer-remuneration...