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Make hay while the Sun Shines
by SatyaKumarRao Dronamraju on Apr 30, 2007 01:56 PM

It is a known fact that CEO's are paid as long as they deliver. In most cases , it is a zero tolerance policy on performance. Many a CEO's bend the rule to meet the annual targets & also get their FAT pay cheques. It is not all bed of roses for every one at top and many a CEO are victims of serious health problems.

We have glaring examples like Enron , Worldcom etc in USA , whose CEO's are behind bars for Fraud. Unfortunately in India , corruption is an accepted phenomena and big businesses happen when street smart guys can manipulate things to happen. Everyone knows about the Integrity of Reliance or L&T or Lanco .. But it does not matter in India. The CEO's get a part of the booty. We have very few Narayana Murthy's in this country or rather only 1

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Indian CEOs' breathtaking pays