Tharindra Ranasinghe

Why Big CEO-to-Employee Pay Gaps Aren’t All Bad

Maybe those sky-high CEO salaries aren't an entirely bad thing. For years, critics have charged that the vast and widening gap between the pay packages for chief executives and a company's average employee (commonly referred to as the CEO pay ratio) is a moral failing on society. Others have claimed that it reflects a weak corporate governance structure, blaming boards of directors for heaping needlessly large compensation packets into the laps of top executives, at the expense of company productivity and profitability. New research suggests otherwise. Read more...

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