The stats behind the hype – executive pay

A recent post in CityAM magazine’s forum section (http://tinyurl.com/7ah9d4w) attempts to rebut the current populist view that FTSE 100 chief executives are all overpaid. It tackles the arguments that they have received rewards out of all relationship to shareholder benefits and that their pay has increased far more quickly than that of others. Whether or not you accept the points made, the article certainly illustrates the risks of an over-simplistic use of statistics.

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