The issue of pay equity within publicly-traded firms has been a question of growing interest in recent years. Academics, policy-makers, and the general public have become increasingly concerned about the extent to which pay at the highest levels of American business exceeds that received by other workers. Recent studies show that the ratio of CEO pay to that of the average worker grew 380% from a ratio of 107-to-1 in 1990 to a ratio of 411-to-1 in 2005. While attention has been paid to the distribution of pay across the hierarchy of corporations the question of the distribution of pay within...
The issue of pay equity within publicly-traded firms has been a question of growing interest in recent years. Academics, policy-makers, and the genera...