S'pore execs link 39% of firm's market value to CEO reputation
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Singapore
EVER wondered why some chief executives seem to be paid so handsomely? A survey by public relations firm Weber Shandwick claims that Singapore executives on average attribute 39 per cent of a company's market value to the CEO's reputation.
A total of 100 non-CEO executives from companies with annual revenues of US$25 million and up were polled in the Singapore survey. The Singapore study itself was part of a larger global report, in which a total of 1,700 executives were polled. The global average response was that CEOs' reputations accounted for 44 per cent of a company's market value.
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