×

The Ceo Pay Machine: How It Trashes America And How To Stop It

Steven Clifford
Rs. 1046 Rs. 1395
Views: 23 Views

Today, the pay gap between chief executive officers of major firms and their workers is higher than ever before - depending on the method of calculation, CEOs get paid between 300 and 700 times more than the average worker. Such outsized pay is a relatively recent phenomenon, but despite all the outrage, few detractors truly understand the numerous factors that have contributed to the dizzying upward spiral in CEO compensation.Steve Clifford, a former CEO who has also served on many corporate boards, has a name for these procedures and practices - The CEO Pay Machine. The CEO Pay Machine is Clifford's thorough and shocking explanation of the machine - how it works, how its parts interact, and how every step pushes CEO pay to higher levels. As Clifford sees it, the payment structure for CEOs begins with shared delusions that reinforce one other: once this groupthink is accepted as corporate dogma, it becomes infinitely harder to see any decision as potentially irrational or dysfunctional. Yet, as Clifford notes, the Pay Machine has caused immeasurable harm to companies, shareholders, economic growth and democracy itself.He uses real-life examples of the top four CEOs named the highest paid in 2011 through 2014. Clifford examines how board directors and compensation committees have directly contributed to the rising salaries and bonuses of the country's richest executives; what's more, Clifford argues, each of those companies could have paid their CEOs 90 percent less and performed just as well.

Book Detail

Price Offers From Different Stores

Store Price Order
Liberty Stores
Rs. 1046 Rs. 1395 Add to Cart

Book Reviews

No review posted by any user for this The Ceo Pay Machine: How It Trashes America And How To Stop It. Be the first rate this Book

Book Categories

Provide some info about the book you need. Our team will find it and contact you back.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer