It takes the average reader 4 hours and 22 minutes to read CEO Pay and What to Do about It by Michael C. Jensen
Assuming a reading speed of 250 words per minute. Learn more
In this book proposes a whole new system for incenting managers to act in the best interests of company owners. Reversing his earlier position—that companies probably weren’t paying enough to attract the best executive talent—Jensen and his coauthors are now positing that, in fact, pay packages can be too high and too risk-free, causing otherwise highly talented managers to act in ways that destroy corporate value. The authors have identified the critical missing link in current incentive plans, namely that link between a manager’s effectiveness in executing strategy and the capital market’s valuation of the results, which they call strategic value accountability. They explain how it works and how to devise a plan that holds top managers accountable for creating long-term strategic value.
CEO Pay and What to Do about It by Michael C. Jensen is 256 pages long, and a total of 65,536 words.
This makes it 86% the length of the average book. It also has 80% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 5 hours and 58 minutes to read CEO Pay and What to Do about It aloud.
CEO Pay and What to Do about It is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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