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雷达卡
by Deborah Hargreaves (Author)
About the Author
Deborah Hargreaves is former business editor of the Guardian and a founder and director of the High Pay Centre, an independent think-tank that monitors executive pay.
About this book
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.
Contents
1 Who Wants To Be a Millionaire?
How the numbers add up
Upwards ever upwards
Changing climate ticks up top pay
How companies work
Principal–agent problem
Money-making becomes sexy
Recovering economy pushes up shares
Time men of the year
Business at the heart of government
Rewarding top talent
Who sets top pay
Notes
2 Just Deserts?
Wealth creators deserve rewards
What goes up, should come down
What constitutes an executive pay packet?
Payment in shares
Performing relatively well
Rewards for failure
More money for posh macs
How much effect do chief executives have?
Luck is important
Remuneration consultants
The ratchet effect
Superstar executives
Notes
3 Why Top Pay Matters
Performance-related pay is anything but
Short-term consequences of performance pay
Share buybacks
What chief executives really want
It’s not all about money
How top pay keeps down productivity
Pay disparities damage morale and business reputation
Trust in business plumbs the depths
Notes
4 Corporate Governance Fights a Losing Battle
Attempts to rein in pay
New Companies Act
Say on pay
Shareholder Spring
Shareholders are not the only ones
German lessons
Another attempt at change: 2013 reforms
Investors look at reform
Notes
5 What Can Be Done?
Top tax rates should rise
Caring capitalism
New watchdog
Pushing for pay reform
Theresa May’s turn
Workers on remuneration committees
How many times more?
Sticking to a ratio
Procurement power
Cash is king
Cash bonuses
How much?
A new structure
Notes
Conclusion
Notes
Series: The Future of Capitalism
Length: 140 pages
Publisher: Polity; 1st ed. 2019 edition (November 19, 2018)
Language: English
ISBN-10: 150952780X
ISBN-13: 978-1509527809
Polity__Are Chief Executives Overpaid.epub
(134.52 KB, 需要: 5 个论坛币)
京公网安备 11010802022788号
