CEP News: Independent: It turns out that companies don't do better when bosses have very high pay - but this will have to change after Brexit

Independent:
It turns out that companies don't do better when bosses have very high pay - but this will have to change after Brexit

27 July 2016

Brian Bell and John Van Reenen of the London School of Economics' Centre for Economic Performance have carried out a similar exercise looking at top bosses' pay at 500 large listed UK companies between 1999 and 2014. Unlike in the MSCI study, the two researchers did find that executive pay was correlated with stock market performance over the period.

This article was published online by the Independent on July 27, 2016
Link to article here

Related publications
Bankers and their bonuses, Brian Bell and John Van Reenen, Centre for Economic Performance Occasional Paper No.35, February 2013
Extreme Wage Inequality: Pay at the Very Top, Brian Bell and John Van Reenen, Centre for Economic Performance Occasional Paper No.34, February 2013

Related links
Brian Bell webpage
John Van Reenen webpage
Growth Programme webpage

Independent:It turns out that companies don't do better when bosses have very high pay - but this will have to change after Brexit

Independent:
It turns out that companies don't do better when bosses have very high pay - but this will have to change after Brexit