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      Was Ken Lay a typical CEO?

      Posted by SoxFirst

      Was Ken Lay a typical CEO? One study suggests he was. According to the research, Lay was relatively well informed about Enron at a high level but it's unlikely that he would have had detailed information on many of Enron's more dubious transactions. The study is a warning for other CEOs.

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    • Private lives, public accountability

      Posted by SoxFirst

      Studies show that the private lives of CEOs have a huge impact on shareholders. Following the death of a child, profitability was roughly 21 per cent lower in the two years after the tragedy. But the share price goes up when the mother-in-law dies.

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      Watch out for superstar CEOs

      Posted by SoxFirst

      When BusinessWeek and Forbes name their lists of "Best Managers" or "Best Performing CEOs", it could be the kiss of death. Not only for the CEO but the company and investors. It creates the "superstar CEO" who starts doing bad things, including managing earnings and cooking the books, according to a new study.

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      Go to jail: a corporate executive survival guide

      Posted by SoxFirst

      More CEOs are being sent jail. Here’s a CEO survival guide if they have to spend time in the slammer. Some simple advice really. Like get yourself an allowance, take care of business in advance and try and keep up your contacts. But experts say ex-CEOs have the sort of skills to cope well inside.

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    • Oil company CEO nets $460 million in 2006

      Posted by Sandyenglish

      The Occidental Petroleum Corporation officers disclosed last week that Chief Executive Ray R. Irani took home more than $460 million in compensation in 2006. This is one of the highest annual executive payouts ever at a US corporation. Only a few CEOs have ever made more money in one year, including Oracle’s CEO Larry Ellison, who received $706 million in 2001, and former Walt Disney Company CEO Michael Eisner, who got $570 million in 1998.

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    SoxFirst

    Member since Nov 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    Melbourne


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