Study: Companies With Big Spending CEOs Are More Likely To Commit Fraud

Study: Companies With Big Spending CEOs Are More Likely To Commit Fraud: Pay for chief executives has skyrocketed over the last two decades, and a new study found that the way executives use their wealth has a direct impact on how their companies operate. “Unfrugal” CEOs — those who spend their massive salaries on luxury goods — aren’t more likely to commit fraud in their personal business [...]/p