The ‘moneyball’ approach to hiring CEOs

Instead of throwing money at “superstars,” companies would be better served by using quantifiable measures to pick the right CEOs, according to recent Wharton research. In their paper, “Are Top Executives Paid Enough? An Evidence-Based Review”, Wharton professor J. Scott Armstrong and Philippe Jacquart of EMLYON Business School, France, challenge the popular belief that higher pay leads to selecting chief executive officers who will outperform their lower-compensated counterparts.

Read their findings  The ‘moneyball’ approach to hiring CEOs.