Comparisons to Peer Groups Hike CEO Pay

by Mark Friedman  on Monday, Oct. 15, 2012 12:00 am  

Charles Elson of the John L. Weinberg Center for Corporate Governance said pay continues to rise for CEOs.

The practice known as peer group compensation benchmarking is the reason CEO pay has climbed to stratospheric levels in the last two decades, according to a recent study.

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