A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 2 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part III - Chapter 18 : CEOs  > Why CEOs are overpaid  :     Previous    1 - 2 - 3 - 4 - 5 - 6 - 7 - 8  Next

   Why CEOs are overpaid    

Page entitled : The myth of unsatisfied demand for CEOs

Content of this page is about :
How US corporations wrongly believe in the scarcity of top executives and international competition which leads them to overpay their CEOs.


Extract :
... Top managers are not a different breed of human beings. Sure, it takes intelligence, a thorough (usually academic) education, good communication skills and a solid, preferably broad work experience to fill a position of chief executive or chief operating officer for a large corporation. And true, there are thousands such companies in the USA. But there are certainly hundreds of thousands, if not millions, of intelligent, well educated, socially capable and experienced Americans who   ...

 

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