Remembering the Moment Our CEOs Dug In
Forty years ago, U.S. corporate honchos saw their power ebbing away. So they did what corporate honchos always do. They asked for a memo.
Forty years ago, U.S. corporate honchos saw their power ebbing away. So they did what corporate honchos always do. They asked for a memo.
So much for 'pay for performance': New research from Harvard shows that 'peer networks' at the corporate summit significantly escalate executive compensation.
This year, for the first time, shareholders in the United States can vote on CEO pay. UK shareholders have had that right since 2002, but it hasn't slowed CEO pay excess. A new UK High Pay Commission report explores why.
The data in the latest executive compensation survey from the AFL-CIO effectively debunk the justifications for excessive pay that come from CEO flacks — and buttress the Dodd-Frank reform act provision that requires major firms to disclose the pay ratio between their top execs and typical workers.