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> CEO pay is agreed in a market, and albeit there are interesting governance issues, it is truly drawn from investors. Personally I do believe investors are get

by mcny 9y ago

> CEO pay is agreed in a market, and albeit there are interesting governance issues, it is truly drawn from investors. Personally I do believe investors are getting stiffed. ITs just not the solution to increase wages. except it is not. A CEO of corp A is a member of the board in corp B. Disgraced ex-CEO of citi John Thain is on Uber's board now. I think Eric Schmidt was on Apple's board at some point? Point is the board is NOT representative of ordinary passive investors or even institutional investors like Vanguard. The passive investors have almost no leverage. How do you propose we level the playing field for the investors?

conanbatt 9y ago
I'm not sure, but my point is that docking CEO pay is not the way to increase wages. The easiest way to decrease CEO pay is to obviously..have more CEO's. Interestingly enough, the more the public disdains them, the less you have.
- mcny 9y ago
  > I'm not sure, but my point is that docking CEO pay is not the way to increase wages. I actually agree with you more than I disagree with you. Beyond a certain point, higher wages are bad. I don't want much higher wages. I am just saying we need to cut wages at the top.