3min chapter

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LSEIQ Episode 1 | Why is CEO pay so high?

LSE IQ podcast

CHAPTER

I've No Strong Opposition to It

Vince cable tried to tackle the issue when he was secretary of state for business in David cameron's coalition government. He introduced legislation requiring big companies to be more transparent about pay and giving shareholders ab in vote on pay policy every three years. Cable: "I think if i had my time again, i would require them to consult with their labour force"

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