News at Smith

Oct 01, 2009
World Class Faculty & Research

Read the fall 2009 issue of Research @ Smith.

Sep 30, 2009
World Class Faculty & Research

In 1980, the average CEO’s compensation was about 42 times what the average worker was paid, and by 2007, CEOs received about 344 times the average worker salary. There’s a debate over whether this ballooning of executive compensation is a failure of corporate governance, evidence of abuse of power, or just a reflection of market forces -- that top CEOs must be paid top dollar, or they’ll take their (presumably irreplaceable) talents to other organizations. But how do companies arrive at these astronomical sums?

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