Do CEOs really matter? Back in 1972, an article by Stanley Lieberson and James O’Connor in the American Sociological Review contended that the identity of the chief executive mattered far less to corporate performance than which company he ran and which industry it happened to be in. Ever since then, management scholars have been arguing [...]
Corey Rosen of the National Center for Employee Ownership sent me a comment on my options backdating posts that I figure deserves a post of its own. Take it away, Corey: Justin Fox’s suspicion about backdated options being more common for top executives is backed up by broader data. In a July study of 53 [...]
