Steven Clifford Says You Don't Need a Compensation Consultant
Masters in Business
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The Executive Pay Debate
This chapter explores the evolution of compensation consulting and its implications on CEO pay, critiquing the reliance on these consultants. It highlights the disconnect between executive compensation and company performance, particularly during discussions of the ineffectiveness of shareholder voting under Dodd-Frank. The conversation also addresses gender biases in leadership evaluations and the unpredictable nature of executive success, emphasizing external factors in determining outcomes.
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Transcript
