If the SEC Measured CEO Pay Packages Properly, They Would Look Even More Outrageous
Harvard Business Review
DECEMBER 22, 2016
Indeed, in the 1980s Peter Drucker, the management expert who correctly understood that the purpose of the business corporation is to create customers rather than profits for shareholders, touted 20:1 as a sufficiently high ratio for any company in any country, including the United States. million (57% from stock-based pay).
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