Report: High-paid CEOs performing poorly
To get their results, the institute looked at 20 years’ worth of The Wall Street Journal’s 25 top-paid chief executives – 500 slots in all.
{mosads}Because some executives were on that list multiple times, the analysis looks at 241 chief executives, causing some overlap in the institute’s figures.
For instance, the study found that 112 of the 500 executives on the list, or 22 percent, led a bailed-out company. That corresponds to 41 of the 241 executives, or 17 percent.
The report also found that just four women have made the top 25 list over the past two decades.
With those findings, the institute is pushing for the Securities and Exchange Commission to finish implementing a Dodd-Frank provision to publicize the differences between CEO and worker pay. It also wants to roll back corporations’ ability to deduct executive pay from their tax bills.
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