September 24, 2012

Study Busts Myth Corporations Use To Justify Skyrocketing CEO Pay

Study Busts Myth Corporations Use To Justify Skyrocketing CEO Pay: CEO pay has increased 725 percent over three decades, while worker pay has essentially remained flat. A new study challenges a conventional practice corporations use to justify skyrocketing CEO pay, which is that without it, CEOs would leave for competitors. According to the study by the University of Delaware’s Charles M. Elson and Craig K. [...]/p