Board of Directors Impact on Executive Compensation

James Surowiecki writes pungent columns on finance for the New Yorker.  This week he discusses one of the crucial topics in the inequality debate:  the ratio of the compensation of CEO salary to the median income of employees.  He argues that the SEC’s new rules for transparency are not a solution.  He looks carefully at how Boards of Directors. who are supposed to supervise corporate governance, fall into geometric increases of executive salaries. Economists at the Wharton School explain the situation in detail in an article. Board of Directors and Executive Compensation

Obscene Executive Compensation

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