University of Michigan: Shareholders Take a Hit When CEOs Earn Far More Than Their Employees
August 13, 2020
August 13, 2020
ANN ARBOR, Michigan, Aug. 13 -- The University of Michigan issued the following news release:
When CEOs make much higher salaries than their employees, companies can suffer financially, according to a recent study co-authored by University of Michigan professors.
The growing gap in pay between CEOs and their workers has been controversial for years. The average CEO compensation has been rising, even as some individual leaders reduce their pay in light of the COVID-19 pa . . .
When CEOs make much higher salaries than their employees, companies can suffer financially, according to a recent study co-authored by University of Michigan professors.
The growing gap in pay between CEOs and their workers has been controversial for years. The average CEO compensation has been rising, even as some individual leaders reduce their pay in light of the COVID-19 pa . . .