Gretchen Morgenson today blames pay consultants for excessive executive compensation. She's not troubled by little questions like whether pay really is excessive, where consultants get their influence, and what we should do about it. I discuss these issues and find, among other things, that Morgenson herself may be part of the problem.
Gretchen Morgenson on pay consultants
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Rafael Mangual Project Manager, Legal Policy rmangual@manhattan-institute.org |
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Katherine Lazarski Manhattan Institute klazarski@manhattan-institute.org |