(January 21, 2022 at 5:19 pm)The Grand Nudger Wrote: They don't have any reason to cap ceo pay at any arbitrary number. They have all sorts of reasons (counted in dollars and cents) to cap ceo pay at some ratio of their overall expenditures such that another dollar spent on the ceo doesn't give you less in dividends than another dollar spent on their underlings.
That's no different than saying we should spend proportionally on a CEO who has the potential to expand our enterprise, which is what they do now and often results in massive CEO pay. So, you are saying no change is needed then.
Why is it so?
~Julius Sumner Miller
~Julius Sumner Miller