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3/23/2006: What Happens When the Press Blasts Your CEO for Excess Compensation? Apparently Not Much (The Wharton School of The University of Pennsylvania)
Excerpt: Wharton accounting professors Wayne Guay and John Core, and Stanford accounting professor David Larcker, ... study executive compensation. What they conclude from their most recent research is that the most relevant information does not necessarily make headlines. They also find that in general, the media's focus on excessive compensation does not substantively change corporate behavior with regards to pay packages.
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