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Ludo Vander Heiden, an INSEAD professor, believes that senior executives in the US are overpaid, and this trend is now spreading to Europe. He points out that there has been a pay inflation among CEOs based on a myth of value creation. Vander Heiden suggests that this belief should be exposed and challenged. Many boards focus on financial indicators like revenue rather than real value, which contributes to the problem of executive overpayment.
