Does high executive pay matter for investors?
The issue of executive pay and how it compares with that of the average worker is one which can generate a fair amount of heat and noise, but how much does it actually matter to shareholders?A new report from the High Pay Centre, a think tank which aims to promote quote, unquote fairer pay, shows the median pay of chief executives of FTSE 100 companies increased by 2.2% to £4.19 million in 2023.N