- Released August 29, 2007
Back around 1980, big-time corporate CEOs in the United States took home just over 40 times the pay of average American workers. Today’s average American CEO from a Fortune 500 company makes 364 times an average worker’s pay and over 70 times the pay of a four-star Army general. Another example of this growing leadership pay gap: Last year, the top 20 earners in the most lucrative corner of America’s business sector, the private equity and hedge fund world, pocketed 680 times more in rewards for their labors than the nation’s 20 highest-paid leaders of nonprofit institutions pocketed for theirs.
Most Americans, over recent years, have become aware that business leaders make enormously more than the workers they employ. The gap between business leaders and other leaders in our society has received considerably less attention. This report, our 14th annual examination of executive excess, seeks to remedy that situation.
- Released April 10, 2007
Does CEO pay in the United States need fixing? The 160 corporate CEOs who make up the Business Roundtable — the nation’s single most influential business lobbying group — don’t think so. The Business Roundtable is currently leading the corporate charge against congressional efforts to legislate new checks on executive compensation. This report shows just how much they personally stand to lose from real compensation reform.
- Released April 1, 2007
This report examines how global corporations have increased their power through rules and institutions designed to provide unprecedented and sweeping protections to private foreign investors. These increasingly controversial protections are promoted by the World Bank and other international financial institutions, codified by bilateral investment treaties and free trade agreements, and enforced through international arbitration tribunals. Civil society groups – including labor, environmental and human rights groups -- have been harshly critical of these rules, charging that they elevate the narrow interests of global corporations above social and environmental goals. They have been joined by an increasing number of legislators around the world, including in the United States, who have attacked these measures as fundamentally undemocratic. And now, new political leaders, particularly in South America, are beginning to explore ways of challenging these excessive investor protections and putting forth proposals for more just trade and investment regimes.
Co-published by Food and Water Watch.