shareholders may pay whatever wages they wish to their employees, even if outrageous
it is not the government’s business
It is a serious problem though and as an investor I am incensed by CEO pay but what can we do about it? To get such high compensation even after leading a company into net losses is crazy. In fact it has always bothered me that line on the financial report for “general administration”. It makes a difference. If revenue is 80 million for a company and they pay 10 million in administration - that is a huge hit. And it always gets more and more expensive.