Executive bonuses: heads you lose, tails I gain

Tamar Frankel, professor in the School of Law, offers commentary on executive bonuses in a piece written for The Great Debate on Reuters.

“The debate over corporate executive bonus payments should be put in perspective.  Some say that the executives did not earn these bonuses and don’t deserve the millions in parting payments that they received.  But if parting payments were specified in the executives’ contracts they must be paid.  A binding contract is binding.”

Contact Tamar Frankel, 617-353-3773, tfrankel@bu.edu

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