Should executive salaries be limited by legislation?
Yes
56.3% (178 votes)
Unsure
5.7% (18 votes)
No
38% (120 votes)
Comments
I voted yes to legislating a limit to executive salaries, but I don't think that is the best answer to a difficult problem.
The problem seems to arise in public companies where the shareholders do not take an adequate interest in the operations of their company and where the workers in the company have no say in its management.
Perhaps a better legislative answer would be to require some percentage of all shares in publicly listed companies to be in the hands of employees and for all employees to hold a minimum shareholding each, with the ability to trade additional shares.
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Comments
I voted yes to legislating a limit to executive salaries, but I don't think that is the best answer to a difficult problem.
The problem seems to arise in public companies where the shareholders do not take an adequate interest in the operations of their company and where the workers in the company have no say in its management.
Perhaps a better legislative answer would be to require some percentage of all shares in publicly listed companies to be in the hands of employees and for all employees to hold a minimum shareholding each, with the ability to trade additional shares.
Posted: 11 November 2009 - 3:51pm — DanDare