Last Updated Sep 24, 2008 7:47 PM EDT
"We ought to start thinking about whether this idea is really working," says Wharton prof, Peter Cappelli, in Eyes on the Wrong Prize: Leadership Lapses That Fueled Wall Street's Fall. "It seems to work for the people in charge, but is it really working for the company? It's certainly not working in the broader society. The shareholders and the executives who have shares in the company are in trouble, but this is spilling over into the economy in a way that I haven't seen before."
What do you think? What should exec comp be tied to if not shareholder value?