Given the astronomical pay that CEO's and their carefully selected board members (and they all belong to the same Club) award themselves one can only presume that the old fashioned habits of Modesty and Decency have given way to unbridled greed. These pay rises are not simply the result of misconceived economic and business theories but also the reflection of a general decline in moral standards.
(24-April-2019)
A central premise of corporate governance research is the shareholder
collective action problem. Shareholders, the ultimate economic
beneficiaries of firms...
7 hours ago
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