Gretchen Morgenson has a good piece explaining one way in which CEOs and other top management rig the deck. Her column today talks about a Delaware court ruling that allows companies to write by-laws that make shareholders pay the company's legal cost if they lose a case filed against the company.
Those institutional arrangements again.
In Case You Wondered Why CEOs in the United States Make So Much Money
Dean Baker | co-director of the Center for Economic and Policy Research in Washington, D.C
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