Not so much greed

Tom Lloyd

Chapter 5 in Business at a Crossroads, 2010, pp 88-103 from Palgrave Macmillan

Abstract: Abstract We saw in Chapter 4 how the high current levels of executive pay are undermining the political consensus on which the survival of liberal capitalism depends by increasing inequality to a dangerous level, and eroding the public’s belief that, by and large, liberal capitalism produces fair and reasonable distributions of wealth.

Keywords: Institutional Investor; Agency Cost; Fund Manager; Restricted Stock; Executive Stock Option (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25098-7_6

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DOI: 10.1057/9780230250987_6

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