Canadian CEO's Who Received No Bonuses Last Year

[Parsad]

Globe & Mail article on Canadian CEO's who did not receive a bonus last year.  Guess which favourite CEO's picture is on top of the article...Prem!  Cheers!

 

http://www.theglobeandmail.com/report-on-business/managing/executive-compensation-2009/canadian-ceos-who-received-no-bonuses-last-year/article1580274/

[bargainman]

Also notice who made it into:

http://www.theglobeandmail.com/report-on-business/managing/executive-compensation-2009/which-ceos-own-the-most-equity-in-their-companies/article1581565/

 

Also Watsa, and Flatt (Flatt was in the first list too)

[twacowfca]

Interestingly, a study published recently showed that companies whose CEOs received bonuses greatly underperformed companies whose CEOs did not in the following years.  Another example of the "cursed by rewards" phenomenon.  Sorry, no citation available.  :)

[biaggio]

Interestingly, a study published recently showed that companies whose CEOs received bonuses greatly underperformed companies whose CEOs did not in the following years.  Another example of the "cursed by rewards" phenomenon.   Sorry, no citation available.  :)

 

I saw this on Farnham blog which supports above:

 

http://1440-68131.blogspot.com/2010/05/great-video-what-motivates-people-to.html