Guess What? Overpaid Money Managers Overpay Execs at Portfolio Companies

More great work from Rosanna Landis Weaver at As You Sow, working with another of our favorite people, Jackie Cooke:

when money managers are themselves overpaid, they are more likely to support the excessive pay of other executives, even if it is not in the best interests of the shareholders.

via Wall Street Pay, Performance and Proxy Votes | CEO Pay Updates: 2015 Proxy Season.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s