Independent: The study, carried out by corporate research firm MSCI, found that for every $100 (£76) invested in companies with the highest-paid CEOs would have grown to $265 (£202) over 10 years. by Peter Yeung
'But the same amount invested in the companies with the lowest-paid CEOs would have grown to $367 (£279) over a decade.
'Titled 'Are CEOs paid for performance? Evaluating the Effectiveness of Equity Incentives', the report looked at the salaries of 800 CEOs at 429 large and medium-sized US companies between 2005 and 2014 and compared it with the total shareholder return of the companies.'
"Research firm finds businesses led by lower-paid CEOs earn greater shareholder return..."