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> America attracted immigrants who want a better life, and exploits most of its immigrant labor. Can you tell us more? I ask because I’m and immigrant. I know
by andsoitis 2mo ago
> America attracted immigrants who want a better life, and exploits most of its immigrant labor.
Can you tell us more?
I ask because I’m and immigrant. I know many many immigrants. And I don’t know a single one who feels “exploited by the US”. The opposite.
20% of S&P 500 companies are run by immigrant CEOs. That number rises to 60% if you take just the top 10 companies.
- toomuchtodo 2mo ago> 20% of S&P 500 companies are run by immigrant CEOs. That number rises to 60% if you take just the top 10 companies. These people are interchangeable cogs and not material to the discussion. If these 100 people were gone tomorrow, they'd be replaced by an executive search firm and every company would go on as is. As of this comment, there are approximately 200,000 to 206,000 people working as chief executive officers in formal registered corporations across the United States. Help yourself to an alternate cog, if needed, from the bin. Kaplan, Steven Neil and Sorensen, Morten, Are CEOs Different? (July 1, 2020). Columbia Business School Research Paper No. 16-27, Paris December 2016 Finance Meeting EUROFIDAI - AFFI, Journal of Finance, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2747691 https://ssrn.com/abstract=2747691 or https://doi.org/10.2139/ssrn.2747691 https://doi.org/10.2139/ssrn.2747691 Study: CEO effect on firm performance could be mostly due to chance - https://news.ycombinator.com/item?id=10441713 https://news.ycombinator.com/item?id=10441713 - October 2015 (67 comments)
- andsoitis 2mo agoYou claimed America exploits immigrants. I present evidence of high rate of immigrant CEOs, which contradicts your claim. I’m also telling you that I and all the other immigrants I know don’t feel exploited, but in fact the opposite. So I don’t know why you think America exploits immigrants.
- toomuchtodo 2mo agoDo you believe immigrant CEOs are the same as the millions of immigrants being paid poverty wages? I’m unsure how to have a rational discussion if you believe a few hundred or so (at best) lucky folks are the same as millions who are not. Immigrant CEOs are a rounding error, they do not matter one bit in this context.