At the end of July, the Wall Street Journal published the findings from a new study from corporate governance research firm MSCI, which alluded to the fact that the best-paid CEOs run some of the worst performing companies and vice versa.
MSCI’s study examined the pay of some 800 CEOs at 429 large and mid-sized US companies during the decade ending in 2014. The study also considered in the total shareholder return of the same companies over the period in question.
MSCI found that $100 invested in the 20% of companies with the highest paid CEOs would have grown to $265 over the decade studied. However, the same amount invested in the companies with the lowest paid CEOs would have...

