High rent extraction among American firms and Danish firms, you'd think one of the positives would be that these really strong financial incentives at the top increase. But those firms do more stock repurchases, they pay more dividends, and they just don't invest more. One hypothesis would be that this is the tip of the iceberg. It's part of a broader segregation between the powerful and the less powerful. And as that happens, you may get less and less ability for the fortunate to identify with the less fortunate.
New research finds that bosses who went to business school pay their workers less. So what are M.B.A. programs teaching — and should they stop?