Reposted by Dustin Avent-Holt
💼 Why do some CEOs earn way more than others?
Henriksen, Poulsen & Avent-Holt find:
– Elite network ties boost CEO pay
– Weak boards enable pay premiums
– Worker wages drop after CEO windfalls
Status drives inequality—from the top down.
🔗 doi.org/10.1093/ser/...
#SER @daventholt.bsky.social
doi.org
Elite corporate networks and CEO compensation: the causes and consequences of CEO pay premiums
Abstract. CEO compensation has expanded dramatically over the past half-century, with network processes playing a pivotal role. We advance research on thes