CEOs Are Overpaid for Luck, Economist Bertrand Says

Aug. 22 (Bloomberg) -- Marianne Bertrand, a professor at the University of Chicago's Booth School of Business, talks with Bloomberg's Steve Matthews about her research into the compensation of chief executive officers. In a 2001 paper based on her work as a Ph.D. candidate at Harvard University, the 43-year-old labor economist documented that CEOs at U.S. oil companies got raises when their company’s fortunes improved because of changes in global oil prices beyond their control. (Source: Bloomberg)
Does Apple TV Need a Revamp?
02:13 - Homebrew VC Partner Hunter Walk, Technalysis Founder Bob O’Donnell and IDC Chief Research Officer Crawford Del Prete discuss Apple to unveil a new TV box this fall and the future of Apple’s streaming service. They speak with Bloomberg’s Emily Chang on “Bloomberg West.” (Source: Bloomberg)
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