How risky is it to be the CEO of a major company?

A paper recently published by The Work Foundation suggests being a chief executive of a major company is a relatively low-risk job in comparison with many other sorts of work.

The paper is entitled - The risk myth: CEO's and labour market risk (Nick Isle) - and attempts to look more broadly at who bears risk in today’s labour market, and in particular, it examines the risks and rewards of CEOs of our top companies and compares them with the risks borne by average workers.

The main conclusion of the paper is that the old arguments about risk and reward traditionally deployed by those seeking to justify growing chief executive pay packets cannot be sustained.

For more general details see a press release on the matter.

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