According to this fifth annual study of executive pay by compensation expert Rosanna Landis Weaver, 100 CEOs are making several hundred times, or more, the median wage of their employees, even as their companies’ stocks underperform. Her accessible and eye-opening report presents investors and analysts with mounting evidence that excessive executive pay packages can hurt a firm’s shares, raise inequality and invite public scrutiny. But on the upside, Weaver finds, change is beginning to happen.
In this summary, you will learn
- Why CEO compensation has been escalating since the 1990s,
- How large the gaps in pay between CEOs and their workers have become,
- Why institutional investors are beginning to oppose CEO remuneration packages, and
- What governments are doing to address the issue.
About the Author
Rosanna Landis Weaver is a policy expert on corporate governance who provides executive compensation analyses for major nonprofit organizations.