CHAPTER
10
The Power of Disclosure
What do you need as a shareholder to make informed investment decisions? In short, you need material information, and thanks to shareholder advocates, there is more information available than ever before.
EXECUTIVE COMPENSATION SPIRALING OUT OF CONTROL
One prime example pertains to executive compensation. According to the AFL-CIO’s 2014 Executive Pay Watch report, the average CEO earns $11.7 million ($5,625/hour), or 331 times the average worker’s salary. Compared to a minimum wage worker ($7.75/hour), the average CEO earns a staggering 775 times more. To put that into context, it would take the minimum wage worker nearly eight centuries to earn as much as does the average CEO in one year. This isn’t a problem ...
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