Author: exechange
CEO pay — The rewards of power
By Harry Garretsen and Janka Stoker * (exechange) — May 1, 2019 — CEO pay is on the rise. For the U.S., CEO-to-worker compensation ratio in 1965 was 20 to 1, but has risen to a staggering 312 to 1 in 2017 (1). Literature shows that CEO pay is typically not related to firm performance.…