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CEOs Beware: Your Astronomical Salaries May Soon Cost You Customers
The Washington Post; subscription may be required 
Oct. 15, 2015 "Most [Americans] still think the CEO pay ratio at large national corporations is around 30-to-1, when it is really closer to 300-to-1. The misunderstandings will soon fade: In August, the [SEC] ordered companies to begin reporting their CEO pay ratios by 2017. When that information begins to circulate widely, companies may find themselves running afoul of the old-fashioned norms on Main Street -- and losing customers as a result. Recent evidence from researchers at Harvard Business School suggests that customers punish companies that offer lavish CEO salaries." MORE >> |
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