Superstar CEOs underperform

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CEO superstars aren’t all they’re cracked up to be, argue two UCLA economists in a paper posted to the National Bureau of Economic Research’s website this week

After receiving awards from publications like Business Week and other organizations,

[superstar] CEOs extracted more money from their companies — mostly in the form of stock and options — than their nonwinning counterparts. But in comparison, their companies’ returns and stock performance suffered. (thanks WSJ)

Published by Richard Brisebois

I help companies develop their leaders. I help managers develop themselves and their teams. I have worked with 7,000+ managers, leaders, and business owners in 40+ countries, from Fortune50 executives to SME business owners and tribal leaders. I specialize in designing and facilitating leadership development programs as well as executive coaching.

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