Edited by J. R Shackleton and containing contributions by Alex Edmans, Luke Hildyard, Sophie Jarvis, Damien Knight, Rebecca Lowe, Harry Mccreddie, Paul Ormerod, Vicky Pryce, Judy Z. Stephenson and Alex Wild
Top pay has risen much faster than average pay in the past 20 years. Today there’s widespread public concern about the apparent excesses of some pay deals in the corporate sector – although people are more forgiving of the rewards to entrepreneurs, entertainers and sports stars. This collection of essays puts various aspects of this debate under the spotlight.
It looks at the role of shareholders in awarding executive pay, examines how pay data are produced and used, and asks whether Long-Term Incentive Plans have created unnecessary inflation of executive pay.
It also looks at high pay in the public sector and in areas where government funding plays a major role – such as universities and charities. And it investigates the disparity in pay between men and women among very high earners.
Top Dogs & Fat Cats provides fascinating insights into the nature of high pay and provides a compelling contribution to one of today’s most contentious issues.