Understanding the CEO Pay Debate: A Primer on America’s Ongoing C-Suite Conversation

Download the primer by Susan Holmberg and Michael Umbrecht.

The problem of rising CEO pay is an extraordinarily complex and contested issue. This primer on CEO pay serves to unpack this complicated topic by a) explaining the problems with CEO pay, including the harm it imposes on workers, businesses, and society; b) highlights some of the early history of CEO pay, including a handful of the key policies that have shaped it; c) presents the main theories that attempt to explain why CEO pay has risen so dramatically; d) addresses the fallacy of shareholder primacy and introduces the stakeholder model; and e) concludes by highlighting some policy recommendations that are outside of the shareholder primacy framework.

Read: “Understanding the CEO Pay Debate: A Primer on America’s Ongoing C-Suite Conversation,” by Susan Holmberg and Michael Umbrecht.