Faculty News | CFO World | 30
The Perils of High CFO Incentive Pay
Re: Felix Oberholzer-Gee & Julie M. Wulf
And while previous literature on the relationship between incentive pay and earnings manipulation has focused largely on CEOs, a yet-to-be-published paper by Harvard Business School's Felix Oberholzer-Gee and Julie Wulf takes this focus to the level of CFOs and division managers as well. And it finds that high chief financial officer pay levels may deserve special scrutiny by companies.