How big a risk does a business face when the CEO earns princely sums—especially if that pay package far outsizes those of other executives at the company? Part of the answer has to do with succession planning and grooming future leadership, according to a recent white paper by ISS Corporate Services.
Executive pay amounts to “what is today the most critical issue in corporate governance,” says Subodh Mishra, ISC vice president and author of the report “Bridging the Pay Divide: Trends in C-Suite Pay Disparities.”
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