Deacon923
Scooter Banks
http://www.theatlantic.com/business/archive/2014/10/can-ceo-pay-ever-be-reeled-in/382042/
Long, but worth the read. There is good information on historical context and the whacky economic assumptions underlying gigantic C-suite pay.
TL;DR: the only real way to impact CEO pay in a way that is positive for society is to move away from the share price primacy model and toward a model where all stakeholders, not just the shareholders, are considered in corporate decision making.
I apologize in advance for the BKF batsignal.
Long, but worth the read. There is good information on historical context and the whacky economic assumptions underlying gigantic C-suite pay.
TL;DR: the only real way to impact CEO pay in a way that is positive for society is to move away from the share price primacy model and toward a model where all stakeholders, not just the shareholders, are considered in corporate decision making.
I apologize in advance for the BKF batsignal.