Executives are rewarded handsomely
Is there a better way of dividing the corporate spoils?
ONE OF THE issues at the centre of the debate about inequality is the meteoric rise of executive pay. The ratio between the pay of American CEOs and ordinary workers rose from 20:1 in 1965 to 278:1 in 2018, according to the Economic Policy Institute, a think-tank. The London Business School (LBS) recently held a conference on what caused the rise, and whether it is justified.
This article appeared in the Business section of the print edition under the headline “Cutting the pie”
From the February 22nd 2020 edition
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