Business owners have a responsibility to reject an economic system that pools profits at the top.
Not only are boards complicit in the executive compensation rip-off, but the government kicks in a significant share as well.
There's been a lot of outrage over a new report that shows that Canada's wealthiest CEOs are paid 193 times more than the average Canadian. But there's an even darker side to the story. Ordinary taxpayers are subsidizing those multimillion-dollar salaries, courtesy of loopholes in our tax system.
You think that's crazy? Check out the U.S.
"Making it rain" for a top executive is no way to make money for shareholders.
There was a 21% spike in complaints about banking services in 2015.
Regulators have a poor track record of getting executive pay right. Indeed, some say U.S. Congress has been the single greatest driver of increasing CEO pay. According to a survey by Mercer, a majority of UK board members believe the executive pay model is broken. Here are three ways to fix it.