Tuesday, June 23, 2015

Top-CEO Pay Isn’t Driven By Talent, New Study Says - Real Time Economics - WSJ

Top-CEO Pay Isn’t Driven By Talent, New Study Says - Real Time Economics - WSJ: "“Compensation of CEOs has far outpaced that of very highly paid workers, the top 0.1% of earners,” write Mr. Mishel and Ms. Davis. “There are substantial rents embedded in executive pay, meaning that CEO pay gains are not simply the result of a competitive market for talent,” they say, citing earlier research findings.

Because of this, they conclude, if CEOs “were paid less there would be no loss of productivity or output.”"


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Monday, June 01, 2015

Women On Wall Street: Just A Tiny Portion Of Mutual Fund Managers Are Women

Women On Wall Street: Just A Tiny Portion Of Mutual Fund Managers Are Women:



From International Business Times:



"It’s no secret that the world of finance skews heavily male. But when it comes to mutual funds, the disparity is particularly stark: Women make up just 9 percent of mutual fund managers.

The data, compiled in a recent paper by Morningstar Research Director Laura Pavlenko Lutton, are even worse when you consider funds with female leadership. Only 2 percent of mutual fund assets are managed solely by women."


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