Should corporate culture and mainstream corporate law be rebuilt from the ground up?

September 3, 2013

A few days ago, the Institute of Policy Studies (IPS) published its Executive Excess 2013 report. The document offers a 20-year review of “achievements” of top-paid CEOs of U.S. companies. The “achievements” range from (1) being bailed out by taxpayers, to (2) being booted for poor performance or other reasons, and (3) being busted for fraud. A two-minute video (see below) provides a summary of the information shown in the report.

The CEO misdeeds reported by IPS raise the question of whether the “corporation” and its laws, as they currently exist, are the best way to go about setting up Read the rest of this entry »