Labor & Economic News Blog
Friday, September 12, 2008
Put a Cap on CEO Pay
Put a Cap on CEO PayNew America Foundation
For a guy whose astute counsel helped to make so many CEOs rich, Peter Drucker had an intense loathing of exorbitant executive salaries. He hated high CEO pay on every level: what it said about the individual as a leader, how it undermined the smooth functioning of the organization, and the way it tore at the fabric of society as a whole.
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