The Nasty Truth about CEO Pay
Harvard Business Review
JUNE 3, 2011
The first CEO, let's call him Thrill-a-Minute Tom, has had a wild ride. Black-Scholes Valuation based on stock price at issue. Black-Scholes Valuation based on stock price at issue. Assume both took the reins on January 1, 2007 and are still there. Most public company CEOs could tell a similar tale. Option Model.
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