Why executive pay is skyrocketing
Behind the Money
The CEO Pay Disparity
This chapter examines the approval of substantial compensation packages for CEOs, dissecting the influence of major asset management firms like BlackRock and Vanguard on corporate governance and pay decisions. It highlights the historical context of executive compensation regulation, critiques the growing inequality between executive and employee pay, and contrasts the differences in CEO compensation practices between the U.S. and Europe. The discussion raises significant questions about fairness, accountability, and the implications of high executive pay on corporate culture and employee morale.
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