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Why? This article explains that inequality does exist, but doesn't say why that's a problem.
by aphextron 9y ago
Why? This article explains that inequality does exist, but doesn't say why that's a problem.
- jbronn 9y agoBecause research has shown there’s an inverse correlation between CEO pay and company performance.¹ ¹ https://online.wsj.com/public/resources/documents/CEOperformance122509.pdf https://online.wsj.com/public/resources/documents/CEOperform...
- LyndsySimon 9y agoThat doesn't seem surprising at all - a CEO's reputation is tied to the reputation of their company, so it makes sense that a poorly-performing company would have to pay more to attract the same level of expertise as a well-performing one. If the poorly-performing company fails, then the CEO's market value will decrease. Higher compensation offsets that.
- downrightmike 9y agohttps://www.youtube.com/watch?v=ik1y4ZNSjek https://www.youtube.com/watch?v=ik1y4ZNSjek