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U.S. executive pay, particularly that of CEOs, has been under serious attack for nearly a decade. Despite the fact that tying executive performance and pay to stock price has appeared to have substantially benefited the U.S. economy, this criticism has not subsided. CEO Pay and Shareholder Value challenges some assumptions behind this criticism by addressing these pertinent questions and more:
Is There Pay for Performance?We All Benefit When CEOs PerformThe Role of Executive Pay in the Global Economic War: A Comparison of the United States, Japan, and EuropeThe Revolution in U.S. Corporate Governance and Its Impact on Executive CompensationSynchronized Pay: A Solution for Improving All-Employee PerformanceU.S. Executive Stock Ownership: A Source of Competitive AdvantageEpilogue: What if the Bulls Stop Running?Selected BibliographyAppendix A: Types of Long-Term Incentive PlansAppendix B: The Value of an Employee Stock Option: A Brief Discussion of the Black-Scholes Option Pricing ModelIndex