tell if the CEO or the board is the root cause of the problem? How can shareholders tell if the board is “captured” by the … CEO? How can shareholders tell when a company begins to “drift”? How can they tell if the “right” CEO is in charge …

consequences of pay. We consider these issues through the example of Valeant Pharmaceuticals, whose CEO received a compensation … Valeant directly a result of the incentives placed on its CEO? Would they have occurred if the incentives were less aggressive …

This paper examines risk taking and CEO excess compensation problems in U.S firms to determine their impact on … shareholders wealth. Literature suggests a positive effect of CEO incentive risk and strong corporate governance on CEO risk taking …, we provide empirical evidence of a significant association between risk taking and CEO excess compensation. When we also …