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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (699881)2/19/2013 12:46:06 PM
From: longnshort1 Recommendation  Read Replies (1) | Respond to of 1579023
 
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To: Tenchusatsu who wrote (699881)2/19/2013 12:49:52 PM
From: i-node  Read Replies (2) | Respond to of 1579023
 
Those links are both good articles.

But I have to say, I just don't follow the idea that government ought to have any say, whatsoever, when it comes to CEO compensation. If stockholders don't approve the levels of CEO pay they can simply vote with their feet.



To: Tenchusatsu who wrote (699881)2/19/2013 8:26:16 PM
From: bentway  Respond to of 1579023
 
"So how about the substance of the chart?

From previous fact-checks, we knew that American CEOs are generously paid, and we had confirmed that for ordinary Americans, incomes are stagnating.

But on the specific comparison of CEO pay and average-worker pay, we found two liberal groups -- the Economic Policy Institute and the Institute for Policy Studies -- that have produced long-running studies of this question.

The most recent chart from the Economic Policy Institute shows a ratio of 185 to 1 for 2009. According to the group’s calculations, the peak since the mid 1960s was almost 299 to 1. But it was never as high as high as 475 to 1.

Meanwhile, the most recent ratio from the Institute for Policy Studies is also smaller -- for 2010, it was 325 to 1. In previous years the ratio on two occasions has exceeded 475 to 1 -- to be specific, 516 to 1 in 1999 and 525 to 1 in 2000.

The Institute for Policy Studies’ ratios are higher than the Economic Policy Institute’s due to methodological differences. Sarah Anderson, who has co-authored the Institute for Policy Studies reports, said the figures can vary depending on several factors, including which CEOs are sampled and what types of compensation for both the CEO and the worker are used in the calculation."