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When the British economy was booming, exorbitant pay levels at the top of the corporate world tended to get overlooked.
When pushed, those who attempt to justify exorbitant pay in the corporate world often use comparisons between great sports players and their own "star" performers.
NEW YORK — If you're like me, the hot-button issue of exorbitant pay for corporate executives is mainly a moral one, a matter of values.
Banks, miners, energy groups and building materials specialists are among companies in shareholders' sights as discontent mounts over exorbitant pay deals for boardroom bosses.
To help curb exorbitant pay, the Dodd-Frank reform law included a so-called say-on-pay provision, which requires companies to put their pay practices to a shareholder vote at least every three years.
In recent years, Sandell Asset Management, an activist hedge fund, has criticized management for what it says are exorbitant pay packages, and the company's board for lacking sufficient independence from Mr. Lindemann.
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Those corporate executives sit on each others' corporate boards and vote for each others' exorbitant pay-hikes.
IT'S no wonder that voters' outrage over exorbitant executive pay is mounting.
Under him, it has championed efforts to clamp down on exorbitant executive pay, auditors' conflicts of interest and much else in companies in which it has stakes.
David P. Colley Easton, Pa., Feb. 6, 2009 To the Editor: Reed Hastings defeats his own argument while glossing over a fundamental concern in the controversy over exorbitant executive pay.
And eight years after Bill Clinton made exorbitant executive pay an issue in his first presidential campaign, the topic has disappeared from the political scene.
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