April 6, 2011
I'm aware of no rational basis for the exorbitant compensation received by many CEOs.
Until such time as this failure of corporate law can be addressed, it seems imperative to maximize the transparency of all corporate compensation processes.
Much of the public views current compensation practices among the most highly paid as a kind of systemic theft. This is certainly arguable. What's less open to argument is the justified increasing distrust of public institutions that this engenders. Greater transparency could help.