Business, Management and Accounting
3 years ago

Legal loopholes fueling excessive CEO pay at expense of shareholders

SSRN Electronic Journal
A Critical Analysis of Legal Implications for the Executive Remuneration
Vladimir Kruglyak

Paper Summary

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The article examines how CEOs in the UK and US get paid a lot more than regular employees, even though it might not follow the rules. It looks at how CEOs can still get huge paychecks without breaking any laws. The research shows that high CEO pay can affect shareholders by reducing their dividends and earnings. It suggests changes might be needed to make sure shareholders are protected and have a say in how companies are run.