Are Chief Executives Overpaid? by Deborah Hargreaves

Are Chief Executives Overpaid? by Deborah Hargreaves

Wages for the majority have been stagnant for decades, but a lucky few have enjoyed a pay bonanza. Top company bosses take home in several days as much as most people earn in a whole year. In this hard-hitting book, Deborah Hargreaves explains why pay for the top 0.1% has sky-rocketed in the past 20 years. She gives a devastating account of how it has created a vicious circle that destabilizes our economy and undermines social cohesion, demolishing the twisted logic of the chief executives who say: ‘I’m worth it’, when that means raking in £70m a year. A rigorous exposé of the dysfunctional nature of our ‘winner-takes-all’ economy, this book debunks the myths behind top pay and examines a range of pragmatic solutions.

"Nothing is so politically alienating as the way society has lost control over obscene top payNo-one is as trenchant – and readable – as Deborah Hargreaves in her expert analysis."
—Polly Toynbee, The Guardian

"In her extremely valuable book, Deborah Hargreaves demonstrates that the explosion in executive pay overwhelmingly reflects rent extraction. That is economically damaging, because performance-related pay encourages poor decision-making, and socially destructive, because it undermines the legitimacy of capitalism."
—Martin Wolf, The Financial Times

Deborah Hargreaves is former business editor of the Guardian and a founder and director of the High Pay Centre, an independent think-tank that monitors executive pay.

SKU	Unavailable
ISBN 13	9781509527809
ISBN 10	150952780X
Title	Are Chief Executives Overpaid?
Author	Deborah Hargreaves
Series	The Future Of Capitalism
Condition	Unavailable
Binding Type	Paperback
Publisher	John Wiley and Sons Ltd
Year published	2018-10-05
Number of pages	140
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.