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Reforming corporate income inequality - BusinessWorld

BusinessWorld VECTORJUICE-FREEPIK Last year, the Economic Policy Institute reported that the ratio of CEO to average employee pay in the top US companies increased from a low 31 to one in 1978, 61 to one in 1989, 118 to one in 1995, to a whopping 320 to one in 2019. My mind reels at such inequality, but there’s more. The New York Times reported recently that despite the terrible impacts of the pandemic on corporate bottom lines and jobs, the CEOs of some of the hardest hit companies were “showered in riches.” Hilton laid off almost a quarter of its staff because of pandemic-related losses of $720 million, but CEO Chris Nassetta was compensated with $55 million in 2020. Boeing reported a really bad 2020 with a $12-billion loss and plans to lay off 30,000 employees, but CEO David Calhoun received $21.1 million in compensation.

New yorkUnited statesRepublic ofThe philippinesChris nassettaBenitol teehankeeJosee cuisiaArthur cecile pigouDavid calhounNew york timesShareholders association of the philippinesEconomic policy instituteManagement association of the philippinesWorld economic forumSeattle based gravity paymentsGravity payments

Access Bank: The Bigger It Grows, The Kinder It Becomes

By Etim Etim (AFRICAN EXAMINER) – The banking industry will make a huge donation of cash, vehicles and equipment to the Nigerian Army, Police and other law enforcement agencies in the next few weeks to support the federal government’s fight against insecurity, Herbert Wigwe, Access Bank’s Group Managing Director & chief executive announced to shareholders at its 32nd AGM in Lagos over the weekend. Going by its track records in Corporate Social Responsibility and philanthropy, Access Bank will provide a good chunk of the contribution. This would be a major private sector intervention to stem the tide of insecurity in the country. “We are very concerned about the safety and security of Nigerians. We want our people to be safe. Access Bank will partner with our colleagues in the industry to support the federal government in this regard’’, said Mr Wigwe in his answer to the various comments and questions raised by the shareholders. Last year alone, the bank invested N10.25

New yorkUnited statesUnited kingdomSouth africaAbuja federal capital territorySierra leoneAjoritsedere awosikaAkintunde asaluHerbert wigweEric akindoruAccess bank groupAccess bankNigerian armyBoard of first bankShareholders associationIbadan shareholders association

Shareholders task companies to cut operational cost for better economy

Ibadan, April 6, 2021 The Shareholders Association, Ibadan Zone, has urged companies in Nigeria to be decisive and cut operational costs to catalyze the business environment in the face of economic challenges. Mr Eric Akinduro, the Chairman of the Association, gave the advice in an interview with Naija247news in Ibadan on Tuesday while speaking on the performance of the Nigerian Stock Exchange (NSE) in recent time. He said “Presently I think the whole economy is somehow challenging, but what we are looking at as investors now is the final returns being declared by each company, which eventually would determine their dividends declaration.

Eric akinduroNigerian stock exchangeBank settlement systemSecurities exchange commissionShareholders associationIbadan zoneNigeria inter bank settlement systemநைஜீரியன் ஸ்டாக் பரிமாற்றம்வங்கி தீர்வு அமைப்புபத்திரங்கள் பரிமாற்றம் தரகுபங்குதாரர்கள் சங்கம்நைஜீரியா இடை வங்கி தீர்வு அமைப்பு

Snail mail screws thousands of investors

Snail mail screws thousands of investors
themorningbulletin.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themorningbulletin.com.au Daily Mail and Mail on Sunday newspapers.

Mission beachAllan goldinMaurice blackburnPaul scarrGeorge frazisGerard rennickStephen mayneMe bankAustralian shareholders associationGoldman sachs haveCity beatShareholders associationபணி கடற்கரைஆலன் கோல்டின்மாரிஸ் கருப்பட்டிபால் வடு

Snail mail screws thousands of investors

Snail mail screws thousands of investors
cqnews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cqnews.com.au Daily Mail and Mail on Sunday newspapers.