The Low-Wage Corporations That Blew Half a Trillion Dollars to Inflate CEO Pay.

Autor: ANDERSON, SARAH
Zdroj: CounterPunch; Sep2024, p1-3, 3p
Abstrakt: The article from CounterPunch highlights how low-wage corporations in America have spent over half a trillion dollars on stock buybacks in the past five years, inflating CEO pay while neglecting workers and long-term investments. The focus on buybacks artificially boosts share prices and CEO compensation, with little investment in employee retirement security. The piece calls for policy solutions to address executive excess and emphasizes the need to shift corporate priorities towards long-term prosperity for workers and companies. [Extracted from the article]
Databáze: Supplemental Index