TITLE

Flame Out and Prosper

AUTHOR(S)
Underhill, William
PUB. DATE
December 2001
SOURCE
Newsweek (Pacific Edition);12/3/2001 (Pacific Edition), Vol. 138 Issue 23, p50
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on criticism in Great Britain against huge payoffs for failing chief executive officers (CEO). View that the idea was imported from the United States; Cases, including Peter Bonfield of British Telecom and Lord George Simpson of Marconi; Reasons why executive pay has been rising, including competition and vanity; Criticism of so-called golden goodbyes, which have become the norm in Britain.
ACCESSION #
5630262

 

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