5 ms·

Can you support that claim? I couldn't find when CEO pay went public but it sounds very likely like one of those causes were correlation definitely doesn't impl

• zeruch 4y ago
  All CEO pay for public companies is exposed in the 10Ks. What I suspect the person was referring to is the change where compensation became more tied to equity valuation.
  • lesuorac 4y ago
    CEO pay wasn't always public and the compensation is only mostly equity because it has a tax advantage [1]. [1]: https://americansfortaxfairness.org/tax-fairness-briefing-booklet/fact-sheet-tax-subsidies-for-ceo-pay/ https://americansfortaxfairness.org/tax-fairness-briefing-bo...
• bawolff 4y ago
  It makes sense to me. Transparency benefits the party that is more free to go elsewhere. Lots of companies, fewer good ceos, means that the ceos can leverage this better than the company can. To put another way - at work, if you knew how much every employee made at work, it would probably be helpful in salary negotiations. Dont see why it would be different for ceos
• elromulous 4y ago
  This[1] Wikipedia article talks about it some, and links to this[2] paper. [1]https://en.m.wikipedia.org/wiki/Executive_compensation_in_the_United_States https://en.m.wikipedia.org/wiki/Executive_compensation_in_th... [2]https://www.degruyter.com/document/doi/10.2202/1535-167X.1207/pdf https://www.degruyter.com/document/doi/10.2202/1535-167X.120... Edit: adding an additional paper on the topic https://www.princeton.edu/~amas/papers/CEODisclosureMandate.pdf https://www.princeton.edu/~amas/papers/CEODisclosureMandate....