如果你好奇的话，那你一定会喜欢读《不劳而获：高管薪酬未兑现的承诺》（Pay without Performance: The Unfulfilled Promise of Executive Compensation）https://www.amazon.com/Pay-Without-Performance-Unfulfilled-C...
If you're curious then you'd enjoy reading "Pay without Performance: The Unfulfilled Promise of Executive Compensation" https://www.amazon.com/Pay-Without-Performance-Unfulfilled-C...
你可能会喜欢读《不劳而获：高管薪酬未兑现的承诺》（Pay without Performance: The Unfulfilled Promise of Executive Compensation）这本书 [1] TLDR：公司根本没有和 CEO 进行公平独立的臂距交易（arms-length negotiation）。出于各种体制机制原因，股东也无法追究公司的责任。[1] http://www.pay-without-performance.com/
You might enjoy reading the book "Pay without Performance: The Unfulfilled Promise of Executive Compensation" [1] TLDR: Companies don't engage in arms-length negotiation with CEOs. Shareholders don't hold companies to account for various structural reasons. [1] http://www.pay-without-performance.com/
……贵族同僚？对于近几十年高管薪酬暴涨而普通员工薪资却原地踏步这一现象，人们提出了不少解释。贝布楚克（Bebchuk）和弗里德（Fried）在《不劳而获》中将其归咎于：董事会总是习惯性地批准有利于 CEO 而非股东的薪酬方案，而不是以最大化股东财富为目标去讨价还价。他们指出……
…fellow member of the nobility? A number of explanations have been posited for the fact executive pay has soared in recent decades while other workers' pay has remained stagnant. Bebchuk and Fried's "Pay without Performance" attribute this to the fact that boards routinely approve pay packages that serve the CEO rather than shareholders, instead of bargaining with the aim of maximising shareholder wealth. They identify…
…perfect, but that's another problem that needs fixing. Also, you asked for a source but failed to provide a single one for any of the many many assertions that you have made. [0]: https://www.amazon.com/Pay-without-Performance-Unfulfilled-C... [1]: https://www.amazon.com/Inequality-What-Can-Be-Done/dp/067450... [2]: https://www.amazon.com/Dark-Money-History-Billionaires-Radic...
……款项 [2]。* 少数几家大型机构股东似乎并不太愿意在公司治理上有所作为。像加州公务员退休基金（CalPERS）这样的机构过去确实做过一些卓有成效的事。[1] https://www.amazon.com/Pay-Without-Performance-Unfulfilled-C... [2] 书中给出的一个例子是，有位 CEO 的养老金条款被修改了，改成了按他收入最高的一年为基准来计算费率，而这里的薪酬还被定义为包括他行权获得的收入……
…payments [2]. * The few large institutional shareholders don't seem inclined to do much about corporate governance. Some such as CalPERS have done things effectively in the past. [1] https://www.amazon.com/Pay-Without-Performance-Unfulfilled-C... [2] One example the book gives is a CEO whose pension terms were modified so that it the rate was based on his highest-paid year, with pay defined to include income he made from exercising…
如果你好奇的话，那你一定会喜欢读《不劳而获：高管薪酬未兑现的承诺》（Pay without Performance: The Unfulfilled Promise of Executive Compensation）https://www.amazon.com/Pay-Without-Performance-Unfulfilled-C...
If you're curious then you'd enjoy reading "Pay without Performance: The Unfulfilled Promise of Executive Compensation" https://www.amazon.com/Pay-Without-Performance-Unfulfilled-C...
你可能会喜欢读《不劳而获：高管薪酬未兑现的承诺》（Pay without Performance: The Unfulfilled Promise of Executive Compensation）这本书 [1] TLDR：公司根本没有和 CEO 进行公平独立的臂距交易（arms-length negotiation）。出于各种体制机制原因，股东也无法追究公司的责任。[1] http://www.pay-without-performance.com/
You might enjoy reading the book "Pay without Performance: The Unfulfilled Promise of Executive Compensation" [1] TLDR: Companies don't engage in arms-length negotiation with CEOs. Shareholders don't hold companies to account for various structural reasons. [1] http://www.pay-without-performance.com/
……贵族同僚？对于近几十年高管薪酬暴涨而普通员工薪资却原地踏步这一现象，人们提出了不少解释。贝布楚克（Bebchuk）和弗里德（Fried）在《不劳而获》中将其归咎于：董事会总是习惯性地批准有利于 CEO 而非股东的薪酬方案，而不是以最大化股东财富为目标去讨价还价。他们指出……
…fellow member of the nobility? A number of explanations have been posited for the fact executive pay has soared in recent decades while other workers' pay has remained stagnant. Bebchuk and Fried's "Pay without Performance" attribute this to the fact that boards routinely approve pay packages that serve the CEO rather than shareholders, instead of bargaining with the aim of maximising shareholder wealth. They identify…
……完美，但那是另一个需要解决的问题。另外，你问别人要出处，但你自己说了那么多断言，却连一个出处都没给出来。[0]: https://www.amazon.com/Pay-without-Performance-Unfulfilled-C... [1]: https://www.amazon.com/Inequality-What-Can-Be-Done/dp/067450... [2]: https://www.amazon.com/Dark-Money-History-Billionaires-Radic...
…perfect, but that's another problem that needs fixing. Also, you asked for a source but failed to provide a single one for any of the many many assertions that you have made. [0]: https://www.amazon.com/Pay-without-Performance-Unfulfilled-C... [1]: https://www.amazon.com/Inequality-What-Can-Be-Done/dp/067450... [2]: https://www.amazon.com/Dark-Money-History-Billionaires-Radic...
……款项 [2]。* 少数几家大型机构股东似乎并不太愿意在公司治理上有所作为。像加州公务员退休基金（CalPERS）这样的机构过去确实做过一些卓有成效的事。[1] https://www.amazon.com/Pay-Without-Performance-Unfulfilled-C... [2] 书中给出的一个例子是，有位 CEO 的养老金条款被修改了，改成了按他收入最高的一年为基准来计算费率，而这里的薪酬还被定义为包括他行权获得的收入……
…payments [2]. * The few large institutional shareholders don't seem inclined to do much about corporate governance. Some such as CalPERS have done things effectively in the past. [1] https://www.amazon.com/Pay-Without-Performance-Unfulfilled-C... [2] One example the book gives is a CEO whose pension terms were modified so that it the rate was based on his highest-paid year, with pay defined to include income he made from exercising…