“CEO pay has grown nearly 1,000% over the past four decades, far exceeding growth in median worker pay or company share prices … Skyrocketing CEO pay packages represent a misallocation of assets that is detrimental to investors, and a driver of wider social inequality.
Using a methodology that combines statistical analysis and an in-depth examination of over 30 ‘red flag’ indicators, the report found widespread consensus on the worst actors, companies with huge pay packages that showed relatively weak shareholder returns … Excessive and poorly structured CEO pay packages don’t just take money from shareholders and pose a risk for the destruction of shareholder value, they also prevent corporations from paying decent wages to their employees.”
