By Institute Staff “In an important Wall Street Journal op ed criticizing corporate America’s failure to invest profits in long-term growth, Vice President Joe Biden cited the work of Institute for New Economic Thinking scholar William Lazonick.”… [Click HERE to read the…
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5 Steps to Address Corporate America’s Short-Termism Problem
By Brendan Duke, Andrew Schwartz, and Andy Green “Companies are increasingly passing up profitable investments because of financial market pressures and executive compensation incentives. These activities yield short-term returns but put their—and the nation’s—long-term economic health at risk.”… [Click HERE…
Buyers binge on companies’ buyback 11k binge
By Len Boselovic “When you think of appropriating more than $1.5 trillion to something over three years, the phrase “government boondoggle” comes to mind. But taxpayers didn’t pick up the tab for this astronomical spending plan.”… [Click HERE to read the…
How the SEC enabled the gross under-reporting of CEO pay
By Yves Smith “Think it’s scandalous that the average 2014 pay of the CEOs of the 500 biggest companies was 373 times that of the typical worker, as the AFL-CIO reported? You aren’t scandalized enough. Their take home pay, which…
Why corporate CEO pay is routinely undercounted
By Institute Staff “An Institute for New Economic Thinking Working Paper by William Lazonick and Matt Hopkins (PDF) has revealed that executive pay is routinely undercounted by media outlets, and even by critics of excessive executive pay such as the AFL-CIO.”… [Click…
Why good news/bad news for the middle class
By Hedrick Smith “If you’re baffled by the latest good news/bad news for the American middle class – word that in 2015 typical family income got its best boost in five decades, but families are still worse off than in…
Why Corporate CEO Pay is Routinely Undercounted
By Institute Staff “An Institute for New Economic Thinking Working Paper by William Lazonick and Matt Hopkins (PDF) has revealed that executive pay is routinely undercounted by media outlets, and even by critics of excessive executive pay such as the AFL-CIO. That’s…
Corporate Executives Are Making Way More Money Than Anybody Reports
By William Lazonick and Matt Hopkins “On its website, the AFL-CIO, the largest federation of labor unions in the United States, has a page called Executive Paywatch that is meant to demonstrate just how much corporate executives’ pay dwarfs the compensation of…
European Ruling Highlights Apple’s Corrupted Business Model
By William Lazonick “The European Commission’s decision to serve Apple with a 13 billion euro tax bill represents a step forward in compelling multinational companies to pay the taxes that they owe in the countries in which they do business. The Commission…
Stock buybacks: Four reasons
By James McRitchie “Stock buybacks have reached their highest level since the financial crisis, with S&P 500 companies repurchasing $166.3 billion of shares in first quarter of 2016. The Investor Responsibility Research Center Institute (IRRCi) and Tapestry Networks have scheduled a webinar for Tuesday, September…
