1. A Greedy CEO Is Good For Shareholders - If There Is A Strong Board Of Directors

    A Greedy CEO Is Good For Shareholders - If There Is A Strong Board Of Directors

    An article in the Journal of Management examines the effects of greed on shareholder wealth and looks at whether various contextual factors, like a strong board of directors , CEO tenure and discretion make the situation better or worse. The results ...

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  2. Quotes

    1. Self-interest is OK but eventually it reaches a tipping point.
    2. It's not that greed has never been discussed — there are studies about wealth and selfishness, hubris and power, some even related to the excesses that led to the recent economic crisis.
    3. Further, the popular business press, while often invoking greed, fails to circumscribe or define it.
    4. There was a unanimous opinion of our interviewees that wealth didn't need to be realized for greed to exist, and that high level of wealth was not the same as greed.
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