Comment on CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds
pjhenry1216@kbin.social 1 year agoI know. But investors don't care. They're the root of the problem. CEOs are simply an employee of the company that ultimately represents the shareholders interest. Affecting their pay does not affect shareholder value that much. It just commoditizes the CEO position.
solstice@lemmy.world 1 year ago
Seriously, I literally just posted the same comment basically. It’s really silly how fixated on CEOs people are. I guess they are an easy scapegoat example, but they’re just goons hired by the board of directors on behalf of the shareholders. It’s not like they straight up own the company. (Yeah yeah yeah, stock compensation, and Zuck owns 51% of FB etc i know.)