Are Chief Executives Overpaid?
Blackwell Companions to History
1. Auflage Oktober 2018
140 Seiten, Hardcover
Wiley & Sons Ltd
Kurzbeschreibung
Wages for the majority have been stagnant for decades, but a lucky few have enjoyed a pay bonanza. Top company bosses take home in several days as much as most people earn in a whole year.
In this hard-hitting book, Deborah Hargreaves explains why pay for the top 0.1% has sky-rocketed in the past 20 years. She gives a devastating account of how it has created a vicious circle that destabilizes our economy and undermines social cohesion, demolishing the twisted logic of the chief executives who say: 'I'm worth it', when that means raking in £70m a year.
A rigorous exposé of the dysfunctional nature of our 'winner-takes-all' economy, this book debunks the myths behind top pay and examines a range of pragmatic solutions.
Wages for the majority have been stagnant for decades, but a lucky few have enjoyed a pay bonanza. Top company bosses take home in several days as much as most people earn in a whole year.
In this hard-hitting book, Deborah Hargreaves explains why pay for the top 0.1% has sky-rocketed in the past 20 years. She gives a devastating account of how it has created a vicious circle that destabilizes our economy and undermines social cohesion, demolishing the twisted logic of the chief executives who say: 'I'm worth it', when that means raking in £70m a year.
A rigorous exposé of the dysfunctional nature of our 'winner-takes-all' economy, this book debunks the myths behind top pay and examines a range of pragmatic solutions.
* Foreword
* Chapter 1: Who Wants To Be A Millionaire?
* Chapter 2: Just Deserts?
* Chapter 3: Why Top Pay Matters
* Chapter 4: Corporate Governance Fights a Losing Battle
* Chapter 5: What Can Be Done?
* Conclusion
* Notes
Polly Toynbee, The Guardian
'In her extremely valuable book, Deborah Hargreaves demonstrates that the explosion in executive pay overwhelmingly reflects rent extraction. That is economically damaging, because performance-related pay encourages poor decision-making, and socially destructive, because it undermines the legitimacy of capitalism.'
Martin Wolf, The Financial Times