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Fear and Loathing in Executive Pay

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For some reason, people take offense when a corporate executive begins to make as much money as a basketball star or swimsuit model. Though at first glance some might see this as another example of the ill-informed anti-business bias of the American public and media, the disgruntlement in fact arises from a serious concern: the connection between executive pay and company performance.

For some reason, people take offense when a corporate executive begins to make as much money as a basketball star or swimsuit model. Though at first glance some might see this as another example of the ill-informed anti-business bias of the American public and media, the disgruntlement in fact arises from a serious concern: the connection between executive pay and company performance.


Suggested citation: Haubrich, Joseph G., 1994. "Fear and Loathing in Executive Pay," Federal Reserve Bank of Cleveland, Economic Commentary, 11.01.1994.

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