4 ms·
I grant your point: Given imperfect information and imperfect competition, the market for top-tier CEO compensation is probably wrong by some factor. Even if w
by gwbrooks 4y ago
I grant your point: Given imperfect information and imperfect competition, the market for top-tier CEO compensation is probably wrong by some factor.
Even if we agree with that, then what?
Put another way: Who has a greater right than the equity holders of those companies to set CEO pay levels/limits?
- geysersam 4y agoFrom the article (approx. quote) > compensation to the top 25 hedge fund managers equal the combined salaries of all kindergarten teachers in the country Those are people who deserves (have the right) to be compensated better for their work. It's a failing of the market, the system, a moral and cultural failing that they are not. I refuse to belive we can not tweak our economies to value peoples work more fairly.