Aren't the wages high because the people who decide the wages are the execs themselves? (Alternatively a genius scheme involving a "remuneration consultant".)
The market amd the law allow it, and so it is the case. Moral justifications are just post-hoc fluff.
That is the real reason, yeah. But I will hold them accountable to their moral fluff, because that is their public justification wheneverthat topic is being discussed publicly.
The market amd the law allow it, and so it is the case. Moral justifications are just post-hoc fluff.