Someone watching over management’s shoulder makes a difference,” said Daines. And in those cases where skill and pay were linked, incentive pay tended to strengthen that link. In the following sections, we present results employing a multi-method approach that entails …

They’re accountable to the board of directors or stakeholders of the company and are often the public face of the organization. CEOs typically have extensive experience in their industry and are tasked with guiding their company toward success and profitability. …

(The comparisons end in 2017 because 2018 data for top 0.1% wages are not yet available). The fall in the stock market in the early 2000s after the bubble burst led to a substantial paring back of CEO compensation. By …