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Examining Corporate Executive Pay

Publication Date: 
January 25, 2008
Source: 
Epoch Times
Author: 
Heide B. Malhotra
Professor Robert Daines is quoted in an Epoch Times story about the rationale behind high executive pay even when a company is losing money:

"You have to beat the bid of what they [executives] would make if they went somewhere else," said Robert Daines, law professor at Stanford University... .