Auteur
Michael Dorff has taught at UCLA School of Law, Rutgers Law School, and the Peter F. Drucker and Masatoshi Ito Graduate School of Management. He is currently Professor of Law at Southwestern Law School, where he teaches corporate law and other business law topics.

Texte du rabat
"Indispensable and Other Myths is a definitive work on the reality of how compensation affects executive behavior and the perils of 'pay for performance.' A must-read for anyone who wants to really understand what's going on in the boardroom and the corner office.Lynn A. Stout, Distinguished Professor of Corporate and Business Law, Cornell University

A thoughtful, comprehensive, and provocative examination of the toughest and most controversial issue in corporate governance today. This is an academic work with great relevance to the practical world of investing and finance.Charles Elson, Edgar S. Woolard Jr. Chair in Corporate Governance and Director, John L. Weinberg Center for Corporate Governance at the University of Delaware

"Disruptive thinking based on solid research. This book will change your conclusions about CEO compensation structures based on the Pay for Performance mantra."Carl Albert, Chairman, Boise Inc.

Résumé
Prodded by economists in the 1970s, corporate directors began adding stock options and bonuses to the already-generous salaries of CEOs with hopes of boosting their companies' fortunes. Guided by largely unproven assumptions, this trend continues today. This book explores the consequences of this development.

Contenu
ACKNOWLEDGMENTS