Research shows that when shareholders complain about pay gaps between CEOs and their employees widening, it can cause even more disparity.
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Musk, who revived his bid for Twitter after the social media company’s board sued to enforce the deal, has been very critical of its board.
Emmanuel Faber was trying to pursue a form of stakeholder capitalism.
Top contributors
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Full Professor of Sustainable Finance, Kedge Business School
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Senior lecturer in Accounting and Finance, Manchester Metropolitan University
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Associate Professor in Accounting and Finance, Nottingham Trent University
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Associate Professor of Business, Texas A&M University
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Professor of Management, Texas A&M University
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Professor of Finance, International Institute for Management Development (IMD)