Lucian Bebchuk, Martijn Cremers

For Lucian Bebchuk, Martijn Cremers's latest contributions to The Japan Times, see below:

Commentary / World Jan 21, 2010

Paying CEOs too much is bad for business

CAMBRIDGE, Mass. — There is now intense debate about how the pay levels of top executives compare with the compensation given to rank-and-file employees. But, while such comparisons are important, the distribution of pay among top executives also deserves close attention. In our recent research, ...