Tuesday, March 29, 2005
Are Super Star CEOs bad for firm? It seem so.
In my MBA 610 class we now devote a bit more than a week to corporate governance. One of the lessons is that Super Star CEOs are rarely good for the long term prospects of the firm.The NY Times has an interesting article that largely endorses this view: The New York Times Lo! A White Knight! So Why Isn't the Market Cheering?Before getting to the article, let me suggest that at least some of
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corporate governance
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