3 ms·
While I can't find it now, there have been articles detailing how shareholder value is down now compared to periods prior to the rise in executive pay. Naming (
by mfer 8y ago
While I can't find it now, there have been articles detailing how shareholder value is down now compared to periods prior to the rise in executive pay. Naming (marketing) and focus are really two different things.
Are many companies accountable to shareholders? The large ones anyway. How many shareholders are engaged?
The money distribution has been very much to executives. From Fortune[1]:
> According to a new report on CEO pay from the Economic Policy Institute,
> chief executives at those 350 companies made $15.6 million on average in
> 2016—271 times what the typical worker earns. Though CEO compensation has
> fallen slightly in the past few years, it has increased by more than 930%
> since 1978.
Theory is different from practice.
[1] http://fortune.com/2017/07/20/ceo-pay-ratio-2016/ http://fortune.com/2017/07/20/ceo-pay-ratio-2016/
- deleted 8y ago[deleted]