I found this an interesting Q & A ( with Prof.Rakesh Khurana (Harvard Business School) :
"...............Rightly or wrongly, the argument was that CEOs deserve and should be given a percentage of the value they created. The notion struck me as odd when compared to the logic of other professions. Doctors save lives; lives are infinitely valuable; so do doctors deserve to be paid an infinite amount of money? Judges administer justice; justice is essential to having a good social order. Should judges deserve an infinite amount, too?
The notion that somehow the logic of a purely monetary conception of value could be transferred to business struck me as odd, especially in a university-based business school. It seemed very unlikely that business education could have been legitimated that way..............."
More available at :
http://hbswk.hbs.edu/item/5735.html
Wednesday, December 05, 2007
Interesting Q & A with HBS Prof.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment