Finding CEOs Are NOT Indispensable
Remember the company that the state of Oregon is suing over the Cover Oregon failure?
That's Oracle, and its president made $78 Million last year. And he's not the top-paid CEO in America.
Corporations and their boards justify high CEO salaries because of how much a good CEO is worth to a company's bottom line.
Lawyer and professor Michael Dorff took a look at those bottom lines. And in his book Indispensable and Other Myths, Dorff points out that the claimed connections are overblown.
Professor Dorff joins us for an interview about his research.