There’s an increasing appetite among investors for more effective corporate governance. And passive funds are leading the way. John Stepek explains what’s going on.
The obscene pay packages pocketed by listed company chief executives demonstrate that shareholder capitalism isn’t working quite as it should. But it can be fixed, says Merryn Somerset Webb.
As shareholders, we must demand that the cash earned by the firms we own go somewhere better than their executives’ pockets.
Overpaid chief executives are a recurrent source of controversy in the US, but the pay gap between boss and worker is worse then widely thought.
There is nothing pro-business about letting a small group of CEOs take far larger rewards than their shareholders or their staff, says Matthew Lynn.
Excessive executive pay has been a problem for years, with big shareholders failing to control it. But the rise of passive investing is changing that. John Stepek explains why.
The systems that enable top executives to take home multimillion-pound paypackets need changing, says Merryn Somerset Webb. Shareholders need to take back control of their companies.
Executive pay has been rocketing for decades, exciting the envy of wage slaves. But should investors avoid or opt for stocks helmed by well-rewarded executives, asks Richard Beddard.
For the average worker, investing for retirement can be a headache. But employees of the Bank of England don’t have that worry. And, with an £11k a week pension, nor does the CEO of National Grid.
Philip Green might be the man we all love to hate at the moment. But the real villains of capitalism are the well-paid top executives of our big companies.