Having exposed the statistically manipulation, most Fortune 500 CEOs are paid far too much.
I speak as a capitalist. I’ve heard the arguments for outsized compensation, weighed them, and found them wanting.
Private citizens decide voluntarily to transfer their property to CEO’s in return for a service. It not our money or our business. Period.
I speak as a capitalist. I’ve heard the arguments for outsized compensation, weighed them, and found them wanting.
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Being a C level executive is a demanding, high profile job with a lot of responsibility. And of course high qualifications command high pay. That said, a lot of executives have ridiculously outsized compensation packages that are not always justified by corporate performance.
Shareholders get bombarded by proxy votes on executive incentive plans, always supported by management of course. When you receive an already generous compensation package why do you need more incentives? I generally vote against these proposals.